Reference no: EM132502445

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: 80% complete 39,000units

Work-in-process inventory, August 31 Conversion: 50% complete 31,000units

Units started 61,000 Units completed and transferred out ?

Costs Work-in-process inventory, August 1 Material X$67,200

Material Y 84,000 Conversion 119,360

Costs added during August Material X 155,800

Material Y 116,100 Conversion 379,190

• 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 70% complete with regard to conversion. Conversion costs are incurred uniformly during the process. The company uses the weighted-average cost method.

Required:

Question 1: Calculate the equivalent units and costs per equivalent unit of material X, material Y, and conversion for the mixing department.

Question 2: Calculate the cost of units transferred out.

Question 3: Calculate the cost of the ending Work-in-Process Inventory.