Beverly Plastics produces a part used in precision machining. The part is produced...
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Accounting
Beverly Plastics produces a part used in precision machining. The part is produced in two departments: MixIng and Refining. The raw materlal is introduced into the process in the Mixing Department. The cost of the materlal fluctuates signlficantly month to month based on market conditions. Information on costs and operations in the Refining Department for September follow:
WIP inventoryRefining
Beginning inventory
units, complete with respect to Refining costs
Transferredin costs from Mixing
$
Refining conversion costs
Refining conversion costs
Current work units started $
Mixing costs
The ending Inventory has units, which are percent complete with respect to Refining Department costs.
Requlred:
Complete the production cost report using the weightedaverage method.
Note: Round "Cost per equlvalent unit" to decimal places.
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