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Project 1 i A1 X A Saved fx Hayword, Inc. uses weighted-average costing and has two departments - mixing B C D E 1 Hayword, Inc. uses weighted-average costing and has two departments - mixing and packaging. 2 The following information relates to work in the mixing department for the month of July: 3 4 Work in process, July 1: ts 5 Units in process 300 6 Percent completed with respect to materials 60% 7 Percent completed with respect to conversion 40% eBook 8 Cost in the beginning inventory: 9 Print Materials cost $10,500 10 Conversion cost $6,750 References 11 Units started into production during the period 6,200 12 Costs added to production during the period: 13 Materials cost $330,912 14 Conversion cost $406,408 15 Work in process, July 31: 16 Units in process 450 17 Percent completed with respect to materials 40% 18 Percent completed with respect to conversion 30% 19 Mc Graw Hill 20 Use the data to answer the following. 21 Type here to search F2 F3 F4 $ 94 #3 W E R D F F5 F6 F7 Prev 1 of 1 Next F8 蚵 85 % & 6 7 29 T Y U כ DELL 81°F Windy COUNT THE HAPE F9 F10 F11 F12 PrtScr Insert Delete * 00 8 9 G H J K C V B N Σ L P - Backs ان Project 1 28 Materials 29 Conversion 30 Equivalent units of production 31 32 2. Compute cost per equivalent unit. 33 34 35 nts Saved Mixing Department Cost per Equivalent Unit Materials Conversion eBook Print 36 Cost of beginning work in process 37 Cost added during the period 38 Total cost 39 Equivalent units of production 40 Cost per equivalent unit References 41 42 3. Assign costs. 43 44 READY Attempt(s) Mc Graw Hill Type here to search Mixing Department Costs of Ending Work in Process Inventory and the Units Transferred Out Sheet1 F2 F3 F4 F5 F6 K 2 % 8°5 $ 4 #3 96 B ++ 100% Hint Prey 1 of 1 Next F7 F8 W E R T Y S D F G & 29 7 H DELL 81°F Windy COUNT THE HAPP F9 F10 F11 F12 PrtScr Insert Delete 蚵 כ X C V B N * 00 8 9 O J K L Σ P Backsp ـان ?

Project 1 i A1 X A Saved fx Hayword, Inc. uses weighted-average costing and has two departments - mixing B C D E 1 Hayword, Inc. uses weighted-average costing and has two departments - mixing and packaging. 2 The following information relates to work in the mixing department for the month of July: 3 4 Work in process, July 1: ts 5 Units in process 300 6 Percent completed with respect to materials 60% 7 Percent completed with respect to conversion 40% eBook 8 Cost in the beginning inventory: 9 Print Materials cost $10,500 10 Conversion cost $6,750 References 11 Units started into production during the period 6,200 12 Costs added to production during the period: 13 Materials cost $330,912 14 Conversion cost $406,408 15 Work in process, July 31: 16 Units in process 450 17 Percent completed with respect to materials 40% 18 Percent completed with respect to conversion 30% 19 Mc Graw Hill 20 Use the data to answer the following. 21 Type here to search F2 F3 F4 $ 94 #3 W E R D F F5 F6 F7 Prev 1 of 1 Next F8 蚵 85 % & 6 7 29 T Y U כ DELL 81°F Windy COUNT THE HAPE F9 F10 F11 F12 PrtScr Insert Delete * 00 8 9 G H J K C V B N Σ L P - Backs ان Project 1 28 Materials 29 Conversion 30 Equivalent units of production 31 32 2. Compute cost per equivalent unit. 33 34 35 nts Saved Mixing Department Cost per Equivalent Unit Materials Conversion eBook Print 36 Cost of beginning work in process 37 Cost added during the period 38 Total cost 39 Equivalent units of production 40 Cost per equivalent unit References 41 42 3. Assign costs. 43 44 READY Attempt(s) Mc Graw Hill Type here to search Mixing Department Costs of Ending Work in Process Inventory and the Units Transferred Out Sheet1 F2 F3 F4 F5 F6 K 2 % 8°5 $ 4 #3 96 B ++ 100% Hint Prey 1 of 1 Next F7 F8 W E R T Y S D F G & 29 7 H DELL 81°F Windy COUNT THE HAPP F9 F10 F11 F12 PrtScr Insert Delete 蚵 כ X C V B N * 00 8 9 O J K L Σ P Backsp ـان ?

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Project 1 i A1 X A Saved fx Hayword, Inc. uses weighted-average costing and has two departments - mixing B C D E 1 Hayword, Inc. uses weighted-average costing and has two departments - mixing and packaging. 2 The following information relates to work in the mixing department for the month of July: 3 4 Work in process, July 1: ts 5 Units in process 300 6 Percent completed with respect to materials 60% 7 Percent completed with respect to conversion 40% eBook 8 Cost in the beginning inventory: 9 Print Materials cost $10,500 10 Conversion cost $6,750 References 11 Units started into production during the period 6,200 12 Costs added to production during the period: 13 Materials cost $330,912 14 Conversion cost $406,408 15 Work in process, July 31: 16 Units in process 450 17 Percent completed with respect to materials 40% 18 Percent completed with respect to conversion 30% 19 Mc Graw Hill 20 Use the data to answer the following. 21 Type here to search F2 F3 F4 $ 94 #3 W E R D F F5 F6 F7 Prev 1 of 1 Next F8 蚵 85 % & 6 7 29 T Y U כ DELL 81°F Windy COUNT THE HAPE F9 F10 F11 F12 PrtScr Insert Delete * 00 8 9 G H J K C V B N Σ L P - Backs ان
Transcribed Image Text:Project 1 i A1 X A Saved fx Hayword, Inc. uses weighted-average costing and has two departments - mixing B C D E 1 Hayword, Inc. uses weighted-average costing and has two departments - mixing and packaging. 2 The following information relates to work in the mixing department for the month of July: 3 4 Work in process, July 1: ts 5 Units in process 300 6 Percent completed with respect to materials 60% 7 Percent completed with respect to conversion 40% eBook 8 Cost in the beginning inventory: 9 Print Materials cost $10,500 10 Conversion cost $6,750 References 11 Units started into production during the period 6,200 12 Costs added to production during the period: 13 Materials cost $330,912 14 Conversion cost $406,408 15 Work in process, July 31: 16 Units in process 450 17 Percent completed with respect to materials 40% 18 Percent completed with respect to conversion 30% 19 Mc Graw Hill 20 Use the data to answer the following. 21 Type here to search F2 F3 F4 $ 94 #3 W E R D F F5 F6 F7 Prev 1 of 1 Next F8 蚵 85 % & 6 7 29 T Y U כ DELL 81°F Windy COUNT THE HAPE F9 F10 F11 F12 PrtScr Insert Delete * 00 8 9 G H J K C V B N Σ L P - Backs ان
Project 1 28 Materials 29 Conversion 30 Equivalent units of production 31 32 2. Compute cost per equivalent unit. 33 34 35 nts Saved Mixing Department Cost per Equivalent Unit Materials Conversion eBook Print 36 Cost of beginning work in process 37 Cost added during the period 38 Total cost 39 Equivalent units of production 40 Cost per equivalent unit References 41 42 3. Assign costs. 43 44 READY Attempt(s) Mc Graw Hill Type here to search Mixing Department Costs of Ending Work in Process Inventory and the Units Transferred Out Sheet1 F2 F3 F4 F5 F6 K 2 % 8°5 $ 4 #3 96 B ++ 100% Hint Prey 1 of 1 Next F7 F8 W E R T Y S D F G & 29 7 H DELL 81°F Windy COUNT THE HAPP F9 F10 F11 F12 PrtScr Insert Delete 蚵 כ X C V B N * 00 8 9 O J K L Σ P Backsp ـان ?
Transcribed Image Text:Project 1 28 Materials 29 Conversion 30 Equivalent units of production 31 32 2. Compute cost per equivalent unit. 33 34 35 nts Saved Mixing Department Cost per Equivalent Unit Materials Conversion eBook Print 36 Cost of beginning work in process 37 Cost added during the period 38 Total cost 39 Equivalent units of production 40 Cost per equivalent unit References 41 42 3. Assign costs. 43 44 READY Attempt(s) Mc Graw Hill Type here to search Mixing Department Costs of Ending Work in Process Inventory and the Units Transferred Out Sheet1 F2 F3 F4 F5 F6 K 2 % 8°5 $ 4 #3 96 B ++ 100% Hint Prey 1 of 1 Next F7 F8 W E R T Y S D F G & 29 7 H DELL 81°F Windy COUNT THE HAPP F9 F10 F11 F12 PrtScr Insert Delete 蚵 כ X C V B N * 00 8 9 O J K L Σ P Backsp ـان ?
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