14A. How many units are still in process at the end of the month? 15A. Compute the equivalent units of production for the Mixing Department for the current month. 16A. Determine the cost per equivalent unit for the current period for direct materials and conversion costs. 17A. Determine the cost to be transferred to the next department. Direct Materials Conversion Costs Total Beginning WIP Added This Month Total $ 1,380 $ 6,900 $ 8,280 1,150 9,282 10,432 $ 2,530 $ 16,182 $ 18,712
14A. How many units are still in process at the end of the month? 15A. Compute the equivalent units of production for the Mixing Department for the current month. 16A. Determine the cost per equivalent unit for the current period for direct materials and conversion costs. 17A. Determine the cost to be transferred to the next department. Direct Materials Conversion Costs Total Beginning WIP Added This Month Total $ 1,380 $ 6,900 $ 8,280 1,150 9,282 10,432 $ 2,530 $ 16,182 $ 18,712
Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter6: Process Cost Accounting—additional Procedures; Accounting For Joint Products And By-products
Section: Chapter Questions
Problem 6Q: Why might the total number of units completed during a month plus the number of units in process at...
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Question
Mora Company uses the FIFO method in its process costing system. The Mixing Department started the month with 600 units in process that were 10% complete, started in production 3,000 units, and transferred 3,100 units to the finished goods storage area. All materials are added at the beginning of the process and conversion costs occur evenly. The units in process at the end of the month are 55% complete with respect to conversion costs. The department incurred the following costs:
Transcribed Image Text:14A. How many units are still in process at the end of the month?
15A. Compute the equivalent units of production for the Mixing Department for the
current month.
16A. Determine the cost per equivalent unit for the current period for direct
materials and conversion costs.
17A. Determine the cost to be transferred to the next department.
Transcribed Image Text:Direct Materials
Conversion Costs
Total
Beginning WIP
Added This Month
Total
$
1,380 $
6,900 $
8,280
1,150
9,282
10,432
$
2,530 $
16,182 $
18,712
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