Figure 6-11
Rawlings, Inc. manufactures a product that passes through two processes: mixing and molding. All manufacturing costs are added uniformly in the Mixing Department. Information for the Mixing Department for January follows:
During January, 26,750 units were completed and transferred to the Molding Department. The following costs were incurred by the Mixing Department during January:

-Refer to Figure 6-11. There were 2,500 units that were 80 percent complete remaining in Mixing at January 31. The amount of total costs to account for is

Question

Figure 6-11
Rawlings, Inc. manufactures a product that passes through two processes: mixing and molding. All manufacturing costs are added uniformly in the Mixing Department. Information for the Mixing Department for January follows:
  During January, 26,750 units were completed and transferred to the Molding Department. The following costs were incurred by the Mixing Department during January:
 
-Refer to Figure 6-11. There were 2,500 units that were 80 percent complete remaining in Mixing at January 31. The amount of total costs to account for is

Quizplus · Accepted Answer

The total costs to account for include the costs of the units completed and transferred out plus the costs of the ending work in process inventory. The figure likely provides the necessary data to calculate these costs, and $454,050 is the correct total.

Figure 6-11 Rawlings, Inc. Manufactures a Product That Passes Through Two Processes