Arsenio Company manufactures a single product that goes through two processes, mixing and cooking. The following data pertain to the mixing department for August: Work-in-process inventory, August 1 Conversion: 90% complete Work-in-process inventory, August 31 Conversion: 50% complete Units started Units completed and transferred out Costs Work-in-process inventory, August 1 Material X Material Y Conversion Costs added during August Material X Material Y Conversion 36,000 units 30,000 units 64,000 ? $ 64,100 80,500 118,140 153,500 136,500 306,860 Material X is added at the beginning of work in the mixing department. Material Y is also added in the mixing department, but not until units are 80% complete with regard to conversion. Conversion costs are incurred uniformly during the process. The company uses the weighted-average cost method. Required: 1. & 2. Calculate the equivalent units and costs per equivalent unit of material X, material Y, and conversion for the mixing department.

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Chapter1: Financial Statements And Business Decisions
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Arsenio Company manufactures a single product that goes through two processes, mixing and cooking. The following data pertain to
the mixing department for August:
Work-in-process inventory, August 1
Conversion: 90% complete
Work-in-process inventory, August 31
Conversion: 50% complete
Units started
Units completed and transferred out
Costs
Work-in-process inventory, August 1
Material X
Material Y
Conversion
Costs added during August
Material X
Material Y
Conversion
36,000 units
30,000 units
64,000
?
$ 64,100
80,500
118,140
153,500
136,500
306,860
Material X is added at the beginning of work in the mixing department. Material Y is also added in the mixing department, but not until
units are 80% complete with regard to conversion. Conversion costs are incurred uniformly during the process. The company uses the
weighted-average cost method.
Required:
1. & 2. Calculate the equivalent units and costs per equivalent unit of material X, material Y, and conversion for the mixing department.
Transcribed Image Text:Arsenio Company manufactures a single product that goes through two processes, mixing and cooking. The following data pertain to the mixing department for August: Work-in-process inventory, August 1 Conversion: 90% complete Work-in-process inventory, August 31 Conversion: 50% complete Units started Units completed and transferred out Costs Work-in-process inventory, August 1 Material X Material Y Conversion Costs added during August Material X Material Y Conversion 36,000 units 30,000 units 64,000 ? $ 64,100 80,500 118,140 153,500 136,500 306,860 Material X is added at the beginning of work in the mixing department. Material Y is also added in the mixing department, but not until units are 80% complete with regard to conversion. Conversion costs are incurred uniformly during the process. The company uses the weighted-average cost method. Required: 1. & 2. Calculate the equivalent units and costs per equivalent unit of material X, material Y, and conversion for the mixing department.
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