Solved The mixing department incurred $71,000 of

The mixing department incurred $46,000 of manufacturing costs during the month of September. The department transferred out 2,300 units and had 500 units in EWIP, 40% complete. There was no BWIP.The unit cost for the month of September isa. $18.40.c. $16.43.d. The production of a cost report aids in keeping a record of spending and materials that are utilized by a business.

The beginning work in process inventory was $108,000 on July 1, comprised of $80,000 of materials costs and $28,000 of conversion costs. The process costing to function smoothly requires a perpetual method of recording inventory. It will ensure proper verification of the physical flow of units for large volumes and assignments of costs.

transferred out 2,700 units and had 675 units in EWIP, 55% complete. There was no BWIP.

Prepare a complete Cost Production Report showing units and costs, accounted for and equivalent units of production. Show a cost reconciliation schedule. The security system for this website has been triggered. Completing the challenge below proves you are a human and gives you temporary access.

The Mixing Department uses a process cost accounting system and a weighted-average cost flow assumption. The department adds materials at the beginning of the process and https://turbo-tax.org/amended-tax-return/ incurs conversion cost uniformly throughout the process. During July, $190,000 of materials costs and $133,000 in conversion costs were charged to the department.