Honeybutter inc manufactures a product that goes through

Reference no: EM13604287

Honeybutter, Inc., manufactures a product that goes through two departments prior to completion- the Mixing Department followed by the Packaging Department. The following information is available about work in the first department, the Mixing Department, during June.

Percent Completed Units Materials Conversion Work in process, beginning 70,000 70% 40% Started into production 460,000 Completed and transferred out 450,000 Work in process, ending 80,000 75% 25%

Materials Conversion Work in process, beginning $ 36,550 $ 13,500 Cost added during June $ 391,850 $ 287,300 Determine the total cost of ending work in process inventory and the total cost of units transferred to the Packaging Department.(Round your intermediate calculation to 2 decimal places and final answers to the nearest whole dollar amount.) Prepare a cost reconciliation report for the Mixing Department for June. (Round your intermediate calculation to 2 decimal places and final answers to the nearest whole dollar amount.)

Reference no: EM13604287

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