a . Determine the unit cost for the month in Blending b. Determine the total cos
ID: 2442944 • Letter: A
Question
a. Determine the unit cost for the month in Blending
b. Determine the total cost of the products transfered to finished goods
c. Determine the total cost of the ending work in process inventory.
Information:
Two production departments. Blending had 100o ubnits in process at the beginning of the period, two fifths complete. During the period 7800 units were received from Mixing, 8200 units were transferred to Finished Goods, and 600 Units were in process at the end of the period, 1/3 complete. The cost of the beginning work in process was.
cost in mixing...$10,000.
Cost in blending
materials...$200 Labor ... $500 Factory overhead...$300 The costs during the month were Cost of goods received from Mixing............$78,000. Cost in Blending Materials........$3328. Labor.........$10000. Factory overhead....$6672.
a. Determine the unit cost for the month in Blending
b. Determine the total cost of the products transfered to finished goods
c. Determine the total cost of the ending work in process inventory.
Information:
Two production departments. Blending had 100o ubnits in process at the beginning of the period, two fifths complete. During the period 7800 units were received from Mixing, 8200 units were transferred to Finished Goods, and 600 Units were in process at the end of the period, 1/3 complete. The cost of the beginning work in process was.
cost in mixing...$10,000.
Cost in blending
materials...$200
a. Determine the unit cost for the month in Blending
b. Determine the total cost of the products transfered to finished goods
c. Determine the total cost of the ending work in process inventory.
Information:
Two production departments. Blending had 100o ubnits in process at the beginning of the period, two fifths complete. During the period 7800 units were received from Mixing, 8200 units were transferred to Finished Goods, and 600 Units were in process at the end of the period, 1/3 complete. The cost of the beginning work in process was.
cost in mixing...$10,000.
Cost in blending
materials...$200 a. Determine the unit cost for the month in Blending b. Determine the total cost of the products transfered to finished goods c. Determine the total cost of the ending work in process inventory. Information: Two production departments. Blending had 100o ubnits in process at the beginning of the period, two fifths complete. During the period 7800 units were received from Mixing, 8200 units were transferred to Finished Goods, and 600 Units were in process at the end of the period, 1/3 complete. The cost of the beginning work in process was. cost in mixing...$10,000. Cost in blending materials...$200 Labor ... $500 Factory overhead...$300 The costs during the month were Cost of goods received from Mixing............$78,000. Cost in Blending Materials........$3328. Labor.........$10000. Factory overhead....$6672.
Explanation / Answer
Details Units Mixing Blending Beginning work in process 1,000 units Completed units (1,000x2/5=400) 400 units Closing W.I.P. 600 units Equivalent units of production Units transferred to the next departrment 8,200 8,200 Ending work in process 600 x 2/5 240 200 Equivalent units of production 8,440 8,400 Mixing Blending Material 3,328 $200 Labor 10,000 500 Factory overheads 6,672 300 Cost of transferred goods of 7,800 units 78,000 Total cost 30,000 79,000 a.Unit cost for the month in Blending 79,000/8,400= 9.40 b.Total cost of the finished goods 109,000/8,200=13.29 c.Total cost of the ending W.I.P.Inventory 109,800/600=183
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