Dutton Industries is a manufacturer of cleaning products.Its main product goes through two departments: Mixing and Bottling.During June,the beginning WIP in the Mixing department was 32% complete as to conversion cost.The beginning inventory included $15,200 for materials and $19,800 for conversion costs.Ending WIP in the Mixing department was 80% complete.All direct materials are added at the beginning of the process in each department.Inspection occurs at the end of the process in both departments.Normal spoilage is 2.5% of good output in Mixing and 1.4% of good output in Bottling.Beginning WIP in Bottling was 60% complete with respect to conversion costs and ending WIP was 30% converted.Beginning WIP included $8,850 for direct materials,$72,200 for transferred in costs and $23,800 for conversion costs.Additional information follows:

Required:
Prepare a production cost worksheet using weighted-average for the Mixing department and FIFO for the Bottling department assuming that spoilage is recognized.

Question

Dutton Industries is a manufacturer of cleaning products.Its main product goes through two departments: Mixing and Bottling.During June,the beginning WIP in the Mixing department was 32% complete as to conversion cost.The beginning inventory included $15,200 for materials and $19,800 for conversion costs.Ending WIP in the Mixing department was 80% complete.All direct materials are added at the beginning of the process in each department.Inspection occurs at the end of the process in both departments.Normal spoilage is 2.5% of good output in Mixing and 1.4% of good output in Bottling.Beginning WIP in Bottling was 60% complete with respect to conversion costs and ending WIP was 30% converted.Beginning WIP included $8,850 for direct materials,$72,200 for transferred in costs and $23,800 for conversion costs.Additional information follows:
  
Required:
Prepare a production cost worksheet using weighted-average for the Mixing department and FIFO for the Bottling department assuming that spoilage is recognized.

Quizplus · Accepted Answer

The Answer of Dutton Industries is a manufacturer of cleaning products.Its main product goes through two departments: Mixing and Bottling.During June,the beginning WIP in the Mixing department was 32% complete as to conversion cost.The beginning inventory included $15,200 for materials and $19,800 for conversion costs.Ending WIP in the Mixing department was 80% complete.All direct materials are added at the beginning of the process in each department.Inspection occurs at the end of the process in both departments.Normal spoilage is 2.5% of good output in Mixing and 1.4% of good output in Bottling.Beginning WIP in Bottling was 60% complete with respect to conversion costs and ending WIP was 30% converted.Beginning WIP included $8,850 for direct materials,$72,200 for transferred in costs and $23,800 for conversion costs.Additional information follows:
  
Required:
Prepare a production cost worksheet using weighted-average for the Mixing department and FIFO for the Bottling department assuming that spoilage is recognized.

Dutton Industries Is a Manufacturer of Cleaning Products