Question

Selected production and cost data of Lisa's Compound Co. follow for May 2018: (Click the icon to view the production and cost data.) On May 31, the Mixing Department ending Work-in-Process Inventory was 70% complete for materials and 25% complete for conversion costs. The Heating Department ending Work-in-Process Inventory was 75% complete for materials and 60% complete for conversion costs. The company uses the welghted average method. Read the requirements. Requirement 1. Compute the equivalent units of production for direct materials and for conversion costs for the Mixing Department. Complete the partial production cost report below for the Mixing Department, showing the equivalent units of production for direct materials and for conversion costs. Requirements Lisa's Compound Co. Production Cost Report - Mixing Department (Partial) Month Ended May 31 Equivalent Units Physical Direct Conversion UNITS Units Materials Costs Units accounted for 1. Compute the equivalent units of production for direct materials and for conversion costs for the Mixing Department. 2. Compule the equivalent unils of production for transferred in costs, direct materials, and conversion costs for the Heating Department Total units accounted for Print Print Done Done

Answer 1

Lisa's Compound Co.
Production Cost Report - Mixing Department (Partial)
Month Ended May 31
		Equivalent Units
Units	Physical Units	Direct Materials	Conversion Costs
Units account for:
Completed and transferred out	75,000	75,000	75,000
Ending work in process (20,000 x 75%), (20,000 x 20%)	20,000	14,000	4,000
Total units accounted for	95,000	89,000	79,000