\", Wed 2:31 PM a > Assignments Google Sides ACC 202 Managerial Accounting Fall

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", Wed 2:31 PM a > Assignments Google Sides ACC 202 Managerial Accounting Fall 2018 Section 004 Assignments ACC 202 Managerial Accounting Fall 2018 Section 004 Homework: Quiz for Chapter 18 Score: 0 of 1 pt S18-10 (similar to) The Miung Department of Healthy Foods had 65,000 equivalent unis of materials for October Of te 65.000 units. 35 … unts were completed and transferred to the next department, and beginning of the process. Conversion costs are added evenly throughout the process and the company uses the weighted-average method Calculate the cost of the 35 000 units completed and transferred out and the 30,000 units, 40% complete, r the ending work- process inventory Save 9of 1848 complete) Hw Score: 38.89%, 7 of 18pts EQuestion Helpp unit of $0.32 for direct materials and $0.50 for conversion costs. All of the materials are added at the Healthy Foods Production Cost Report-Mixing Department (Partial) Month Ended October 31 Direct Conversion Total COSTS Materials Costs Costs Costs accounted for Completed and transferred out Ending work-in-process Total costs accounted for Enter any number in the edit fields and then click Check Answer. Clear All Check Answer

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Answer:

Healthy Foods
Production Cost Report- Mixing Department (Partial)
Month ended October 31 Costs Direct Materials Conversion Costs Total Costs Cost Accounted for: Completed and transferred out                       11,200.00                    17,500.00                      28,700.00 Ending work-in-process                         9,600.00                       6,000.00                      15,600.00 Total Cost Accounted for                       20,800.00                    23,500.00                      44,300.00 Workings Statement of Apportionment of Cost Particulars Units Cost per Equivalent Unit ($) Cost ($) Completed Units Material                       35,000.00 0.32                      11,200.00 Conversion Cost                       35,000.00 0.5                      17,500.00                      28,700.00 Closing WIP Material                       30,000.00 0.32                        9,600.00 Conversion Cost *12000
(40% of 30000 units) 0.5                        6,000.00                      15,600.00 Note * In case of Closing WIP only completed units is considered for calculating conversion cost while whole units is considered for calulating material cost

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