Arsenio Company manufactures a single product that goes through
two processes, mixing and cooking. The following data pertain to
the mixing department for August:
Work-in-process inventory, August 1
Conversion: 90% complete
29,000
units
Work-in-process inventory, August 31
Conversion: 50% complete
30,000
units
Units started
71,000
Units completed and transferred out
?
Costs
Work-in-process inventory, August 1
Material X
$
65,000
Material Y
88,200
Conversion
119,690
Costs added during August
Material X
150,700
Material Y
170,800
Conversion
279,810
Material X is...