50.1K

Verified Solution

Link Copied!

Cooperative San Jos$$ of southern Sonora state in Mexico makes a unique syrup using cane sugar and local herbs. The syrup is sold in A hastily prepared report for the Mixing Department for April appears below: Work in process, April $1($materials $90\%$ complete; Started into production $37,200$

Units accounted for as follows: Work in process, April $30($materials $75\%$ complete;Total units accounted for

Cost Reconciliation

Cost to be accounted for: Cost added during the month $133,399$

Total cost to be accounted for $ $$166,269$

Cost accounted for as follows:Transferred to next department $135,412$

Total cost accounted for $\}\backslash$quad$\backslash$underline$\{$$$166,269$Management would like some additional information about Cooperative San Jos$\text{'}$s operations.

Required:

What were the Mixing Department's equivalent units of production for materials and conversion for April?

What were the Mixing Department's costs per equivalent unit for materials and conversion for April? The beginning inventory

included materials, $$23,750$; and conversion cost, $$9,120.$ The costs added during the month consisted of materials, $$94,375$; and

conversion cost, $$39,024.$

How many of the units transferred out of the Mixing Department in April were started and completed during that month?

The manager of the Mixing Department stated, "Materials prices jumped from about $$2\mathrm{.}30$ per unit in March to $$2\mathrm{.}80$ per unit in

April, but due to good cost control I was able to hold our materials cost to less than $$2\mathrm{.}80$ per unit for the month." Should this

manager be rewarded for good cost control?

small bottles and prized as a flavoring for drinks and desserts. The bottles are sold for $$12$ each. The first stage in the production

process occurs in the Mixing Department, which removes foreign matter from the raw materials and mixes them in the proper

proportions in large vats. The company uses the weighted$-$average method of process costing.

A hastily prepared report for the Mixing Department for April appears below:Work in process, April $1($materials $90\%$ complete;Started into production $37,200$

Units accounted for as follows: conversion $50\%$ complete$)$

Total units accounted for

$11,800$

Cost Reconciliation

Cost to be accounted for: Cost added during the month $ $133,399$

Total cost to be accounted for $ $$166,269$

Cost accounted for as follows:Transferred to next department

Total cost accounted for

$ $$135,412$Management would like some additional information about Cooperative San Jos$\text{'}$s operations.

Required:

What were the Mixing Department's equivalent units of production for materials and conversion for April?

What were the Mixing Department's costs per equivalent unit for materials and conversion for April? The beginning inventory

included materials, $$23,750$; and conversion cost, $$9,120.$ The costs added during the month consisted of materials, $$94,375$; and

conversion cost, $$39,024.$

How many of the units transferred out of the Mixing Department in April were started and completed during that month?

The manager of the Mixing Department stated, "Materials prices jumped from about $$2\mathrm{.}30$ per unit in March to $$2\mathrm{.}80$ per unit in

Show all imagesShow all images

Answer & Explanation Solved by verified expert

See Answer