Reference no: EM132730187
Question 1 - The blending department had the following data for the month of March:
Units in BWIP
units completed 21,600
units in EWIP (60% complete) 2,250
total manufacturing costs $82,620
Required:
1. What is the output in equivalent units for March?
2. What is the unit manufacturing cost for March?
3. Compute the cost of goods transferred out for March.
4. Calculate the value of March's EWIP.
Question 2 - Production Report - Mino Inc. manufactures chocolate syrup in three departments: cooking, mixing, and bottling. Mino uses the weighted average method. The following are cost and production data for the cooking department for April (Note: Assume that units are measured in gallons.):
Production: units in process, April 1 (60% complete) 20,000
units completed and transferred out 50,000
units in process, April 30 (20% complete) 10,000
Costs:
WIP, April 1 93,600
costs added during April 314,600
Required - Make a production report for the cooking department.