Question

Silver City Paints provides the following information for the MixingDepartment for the month of September2018

	Units	Costs
Beginning Work-in-Process Inventory	0	$0
Started in Production in September	21,000	40,550*
Total to Account For	21,000	40,550
Completed and Transferred to Finishing Department
during September	11,000	?
Ending Work-in-Process Inventory (15% complete for
direct materials; 50% complete for conversion costs)	10,000	?
Total Accounted For	21,000	$40,550
*Includes $3,750 direct materials and $36,800 conversion costs

Complete a production cost report for the Mixing Department for the month of September 2018 to determine the cost of the units completed and transferred out and the cost of the ending​ Work-in-Process Inventory-dashMixing. Assume Silver City Paints uses the​ weighted-average method.

Begin by completing a production cost report for the Mixing Department for the month of September 2018

​(Complete all answer boxes. Enter a​ "0" for any zero balances. Round all cost per unit amounts to the nearest cent. Abbreviation​ used: EUP​ = equivalent units of​ production.)

Silver City Paints
Production Cost Report-Mixing Department
Month Ended September 30, 2018
				Physical		Direct	Conversion
UNITS				Units		Materials	Costs
Units to account for:
_________________________________				_______
_________________________________				_______
Total units to account for				_______
Units accounted for:
_________________________________				________		________	________
_________________________________				________		________	________
Total units accounted for				________		________	________
	Direct	Conversion	Total
COSTS	Materials	Costs	Costs
Costs to account for:
______________________	________	________	________
______________________	________	________	________
Total costs to account for
______________________	________	________	________
Cost per equivalent unit	________	________	________

Costs accounted for:	Direct Materials				Conversion Cost		Total Cost
______________________	________				________		__________
______________________	________				________		__________
Total costs accounted for	________				________		__________

The mixing department transferred _________ units with a cost of $______________ to the Finishing department in September. The ending balance in the Work-in-Process Inventory- Mixing is $_______________

Answer 1

Statement showing the production cost report for the Mixing Department for the month of September 2018:

				Physical		Direct	Conversion
UNITS				Units		Materials	Costs
Units to account for:
Beginning work in progress				____0___
_Started in production				21,000
Total units to account for				21,000
Units accounted for:
Completed and transferred out				11,000		11,000	11,000
Ending work in progress				10,000		1,500	5,000
Total units accounted for				21,000		12,500	16,000
	Direct	Conversion	Total
COSTS	Materials	Costs	Costs
Costs to account for:
Beginning work in progress	0	0	0
Cost added during the month	3,750	36,800	40,500
Total costs to account for	3,750	36,800	40,500
Divide by total equivalent units	12,500	16,000	________
Cost per equivalent unit	0.3	2.3	2.6

Costs accounted for:	Direct Materials		Conversion Cost	Total Cost
Completed and transferred out	11,000*0.3 = 3,300		11,000*2.3= 25,300	28,600
Ending work in progress	1,500*0.3 = 450		5,000*2.3 = 11,500	11,950
Total costs accounted for	3,750		36,800	40,550

The mixing department transferred 11,000 units with a cost of $28,600 to the Finishing department in September. The ending balance in the Work-in-Process Inventory- Mixing is $11,950