Morgan Company reported the following data for the operations of its Mixing Department for the month of July.
Required:
a.Calculate the equivalent units of production for materials and conversion costs.
b.Determine the cost per equivalent unit for materials and conversion costs.
c.Determine the cost of units transferred out of the Mixing Department during the period.
d.Determine the cost of ending work in process inventory in the Mixing Department.

Question

Morgan Company reported the following data for the operations of its Mixing Department for the month of July.
  Required: 
a.Calculate the equivalent units of production for materials and conversion costs.
b.Determine the cost per equivalent unit for materials and conversion costs.
c.Determine the cost of units transferred out of the Mixing Department during the period.
d.Determine the cost of ending work in process inventory in the Mixing Department.

Quizplus · Accepted Answer

The Answer of Morgan Company reported the following data for the operations of its Mixing Department for the month of July.
  Required: 
a.Calculate the equivalent units of production for materials and conversion costs.
b.Determine the cost per equivalent unit for materials and conversion costs.
c.Determine the cost of units transferred out of the Mixing Department during the period.
d.Determine the cost of ending work in process inventory in the Mixing Department.

Morgan Company Reported the Following Data for the Operations of Its