Weston Products manufactures an industrial cleaning compound that goes through three processing departments Grinding, Mixing, and Cooking. All raw materials are introduced at the start of work in the Grinding Department. The Work in Process T-account for the Grinding Department for May is given below: Work in Process Grinding Department Completed and Inventory, May 1 93,100 transferred to the Mixing ? Department Materials 6,64,940 Conversion 4,71,216 Inventory, May 31 ? The May 1 work-in process inventory consisted of 35,000 pounds with $51,100 in materials cost and $42,000 in conversion cost. The May 1 work-in process inventory was 100% complete with respect to materials and 30% complete with respect to conversion. During May, 407,000 pounds were started into production. The May 31 inventory consisted of 133,000 pounds that were 100% complete with respect to materials and 60% complete with respect to conversion. The company uses the weighted-average method in its process costing system. Compute the Grinding Department's equivalent units of production for materials and conversion in May.

Weston Products manufactures an industrial cleaning compound that goes through three processing departments Grinding, Mixing, and Cooking. All raw materials are introduced at the start of work in the Grinding Department. The Work in Process T-account for the Grinding Department for May is given below: Work in Process Grinding Department Completed and Inventory, May 1 93,100 transferred to the Mixing ? Department Materials 6,64,940 Conversion 4,71,216 Inventory, May 31 ? The May 1 work-in process inventory consisted of 35,000 pounds with $51,100 in materials cost and $42,000 in conversion cost. The May 1 work-in process inventory was 100% complete with respect to materials and 30% complete with respect to conversion. During May, 407,000 pounds were started into production. The May 31 inventory consisted of 133,000 pounds that were 100% complete with respect to materials and 60% complete with respect to conversion. The company uses the weighted-average method in its process costing system. Compute the Grinding Department's equivalent units of production for materials and conversion in May.

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter6: Process Costing

Section: Chapter Questions

Problem 15E: Softkin Company manufactures sun protection lotion. The Mixing Department, the first process...

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