Question
In: Accounting
Star Inc. manufactures a product that passes through two processes: mixing and packaging. All manufacturing costs...
Star Inc. manufactures a product that passes through two processes: mixing and packaging. All manufacturing costs are added uniformly in the mixing department.
Information for the mixing department for June is as follows:
| Work in process, June 1: | |
| Units (30% complete) | 15,000 |
| Direct materials | $4,000 |
| Direct labor | $3,000 |
| Overhead | $2,376 |
During June, 100,000 units were completed and transferred to packaging.
The following costs were incurred by the mixing department during June:
| Direct materials | $50,000 |
| Direct labor | $30,000 |
| Overhead | $12,000 |
On June 30, 8,000 units that were 70 percent complete remained in the mixing department.
Use the weighted average method, and round unit costs to two decimal places.
Required:
A. Determine equivalent units of production for June.
B. Determine June's total costs to account for.
C. Determine the total cost per equivalent unit of production.
D. Determine the cost of goods transferred to
the packaging department.
E. Determine the cost of June's ending work in
process for the mixing department.
F. Determine the equivalent units of production for June if ending inventory had been 80% complete.
Solutions
ekkarill92 answered 1 year agoRelated Solutions
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