# Mixing Department and the Packaging Department: Determine the total cost of ending work-in-process inventory and the total cost of units transferred to the Packaging Department.

ACCT552
Week 3 Homework Assignment
Please complete the below problems and submit your answers in the Week 3 Dropbox. See “Syllabus/Due Dates for Assignments & Exams” for due date information.
Resty Company manufactures a product that goes through two departments prior to completion: the Mixing Department and the Packaging Department. Direct materials are added at the beginning of the process. Conversion costs are added evenly during the process. When the Mixing Department finishes work on each product, it is immediately transferred to Packaging.
The following data are available for the Mixing Department for December 2014:

Required:
Assume that the Resty Company uses the weighted-average method of process costing.
a. Compute the equivalent units for December for the Mixing Department.
b. Determine the costs per equivalent unit for December for the Mixing Department.
c. Determine the total cost of ending work-in-process inventory and the total cost of units transferred to the Packaging Department.
d. Prepare a cost reconciliation report for the Mixing Department for December.
Units Materials Conversion.
Beginning, Work in Process50,00065%30%
Start into production380,000
Completed and transferred out405,000
Ending, Work in Process42,00055%20%
Materials Conversion
Beginning, Work in Process49,540.00\$ 19,400.00\$
Costs added during December472,300.00\$ 301,200.00\$
Percent Completed

## Sheet1

 Percent Completed Units Materials Conversion Beginning, Work in Process 50,000 65% 30% Start into production 380,000 Completed and transferred out 405,000 Ending, Work in Process 42,000 55% 20% Materials Conversion Beginning, Work in Process \$ 49,540.00 \$ 19,400.00 Costs added during December \$ 472,300.00 \$ 301,200.00
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