Yarmouth Company produces a liquid solvent in two departments: Mixing and Finishing. Accounting records at Yarmouth...
Yarmouth Company produces a liquid solvent in two departments: Mixing and Finishing. Accounting records at Yarmouth show the following information for Finishing operations for February (no new material is added in the Finishing Department):
| WIP inventory—Finishing | ||
| Beginning inventory (11,000 units, 30% complete with respect to Finishing costs) | ||
| Transferred-in costs (from Mixing) | $ | 130,000 |
| Finishing conversion costs | 11,250 | |
| Current work (100,000 units started) | ||
| Mixing costs | 980,000 | |
| Finishing costs | 508,500 | |
The ending inventory has 15,000 units, which are 60 percent complete with respect to Finishing Department costs and 100 percent complete for Mixing Department costs.
Required:
Complete the production cost report using the weighted-average method. (Round "Cost per equivalent unit" to 2 decimal places.)
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Yarmouth Company produces a liquid solvent in two departments:
Mixing and Finishing. Accounting records at Yarmouth...
Yarmouth Company produces a liquld solvent in two departments: Miding and Finishing, Accounting r...
Yarmouth Company produces a liquld solvent in two departments: Miding and Finishing, Accounting records at Yarmouth show the in the Finishing Department): following Information for Finishing operatons for Febuary (n new materal s ade WIP inventory-Finishing Beginning inventory (11,000 units, 30% complete we, respect to Finishing costs) Transferred-in costs (from Moing) Finishing conversion costs Current work (100,000 units started) Mixing costs Finishing costs 130,000 11,250 980,000 508,500 The ending inventory has 15,000 units, whigh ane 60 percent complete with respect...
Yarmouth Company produces a liquid solvent in two departments: Mixing and Finishing. Accounting records at Yarmouth...
Yarmouth Company produces a liquid solvent in two departments: Mixing and Finishing. Accounting records at Yarmouth show the following information for Finishing operations for February (no new material is added in the Finishing Department): WIP inventory—Finishing Beginning inventory (11,200 units, 20% complete with respect to Finishing costs) Transferred-in costs (from Mixing) $ 134,320 Finishing conversion costs 1,096 Current work (100,400 units started) Mixing costs 1,004,000 Finishing costs 537,056 The ending inventory has 15,200 units, which are 60 percent complete with...
Yarmouth Company produces a liquid solvent in two departments: Mixing and Finishing. Accounting records at Yarmouth...
Yarmouth Company produces a liquid solvent in two departments:
Mixing and Finishing. Accounting records at Yarmouth show the
following information for Finishing operations for February (no new
material is added in the Finishing Department):
WIP inventory—Finishing
Beginning inventory (10,400 units, 20% complete with respect to
Finishing costs)
Transferred-in costs (from Mixing)
$
117,520
Finishing conversion costs
3,980
Current work (98,800 units started)
Mixing costs
908,960
Finishing costs
445,984
The ending inventory has 14,400 units, which are 60 percent
complete with...
Yarmouth Company produces a liquid solvent in two departments: Mixing and Finishing. Accounting records at Yarmouth...
Yarmouth Company produces a liquid solvent in two departments: Mixing and Finishing. Accounting records at Yarmouth show the following information for Finishing operations for February (no new material is added in the Finishing Department): WIP inventory—Finishing Beginning inventory (10,700 units, 20% complete with respect to Finishing costs) Transferred-in costs (from Mixing) $ 123,670 Finishing conversion costs 8,003 Current work (99,400 units started) Mixing costs 944,300 Finishing costs 472,867 The ending inventory has 14,700 units, which are 50 percent complete with...
Yarmouth Company produces a liquid solvent in two departments: Mixing and Finishing. Accounting records at Yarmouth...
Yarmouth Company produces a liquid solvent in two departments: Mixing and Finishing. Accounting records at Yarmouth show the following information for Finishing operations for February (no new material is added in the Finishing Department): WIP inventory---Finishing Beginning inventory (11,500 units, 25% complete with respect to Finishing costs) Transferred-in costs (from Mixing) $ 140,950 Finishing conversion costs 5,625 Current work (101,000 units started) Mixing costs 1,040,300 Finishing costs 570,500 The ending inventory has 15,500 units, which are 50 percent complete with...
Yarmouth Company produces a liquid solvent in two departments: Mixing and Finishing. Accounting records at Yarmouth...
Yarmouth Company produces a liquid solvent in two departments:
Mixing and Finishing. Accounting records at Yarmouth show the
following information for Finishing operations for February (no new
material is added in the Finishing Department):
WIP inventory—Finishing
Beginning inventory (10,700 units, 20% complete with respect to
Finishing costs)
Transferred-in costs (from Mixing)
$
123,670
Finishing conversion costs
8,003
Current work (99,400 units started)
Mixing costs
944,300
Finishing costs
472,867
The ending inventory has 14,700 units, which are 50 percent
complete with...
Yarmouth Company produces a liquid solvent in two departments: Mixing and Finishing. Accounting records at Yarmouth...
Yarmouth Company produces a liquid solvent in two departments: Mixing and Finishing. Accounting records at Yarmouth show the following information for Finishing operations for February (no new material is added in the Finishing Department). $ WIP inventory-Finishing Beginning inventory (11,100 units, 20% complete with respect to Finishing costs) Transferred-in costs (from Mixing) Finishing conversion costs Current work (100,200 units started) Mixing costs Finishing costs 132,150 3,022 991,980 517,803 The ending inventory has 15,100 units, which are 50 percent complete with...
Yarmouth Company produces a liquid solvent in two departments: Mixing and Finishing. Accounting records at Yarmouth...
Yarmouth Company produces a liquid solvent in two departments:
Mixing and Finishing. Accounting records at Yarmouth show the
following information for Finishing operations for February (no new
material is added in the Finishing Department).
WIP inventory—Finishing
Beginning inventory (10,600 units, 20% complete with respect to
Finishing costs)
Transferred-in costs (from Mixing)
$
121,600
Finishing conversion costs
4,554
Current work (99,200 units started)
Mixing costs
932,480
Finishing costs
468,464
The ending inventory has 14,600 units, which are 60 percent
complete with...
Yarmouth Company produces a liquid solvent In two departments: Mixing and Finishing. Accounting records at Yarmouth...
Yarmouth Company produces a liquid solvent In two departments: Mixing and Finishing. Accounting records at Yarmouth show the following Information for Finishing operations for February (no new material is added in the Finishing Department). WIP inventory-Finishing Beginning inventory (10,800 units, 20% complete with respect to Finishing costs) Transferred-in costs (from Mixing) Finishing conversion costs Current work (99,680 units started) Mixing costs Finishing costs $ 125,760 5,144 956, 160 491,136 The ending Inventory has 14,800 units, which are 60 percent complete...
Yarmouth Company produces a liquid solvent in two departments: Mixing and Finishing. Accounting records at Yarmouth...
Yarmouth Company produces a liquid solvent in two departments: Mixing and Finishing. Accounting records at Yarmouth show the following information for Finishing operations for February (no new material is added in the Finishing Department). $ WIP inventory-Pinishing Beginning Inventory (10,800 units, 201 complete with respect to Finishing costs) Transferred-in costs (from Mixing) Finishing conversion costs Current work (99,600 units started) Mixing costs Finishing costs 125,760 5,144 956,160 491. 136 The ending inventory has 14,800 units, which are 60 percent complete...
Yarmouth Company produces a liquld solvent in two departments: Miding and Finishing, Accounting records at Yarmouth show the in the Finishing Department): following Information for Finishing operatons for Febuary (n new materal s ade WIP inventory-Finishing Beginning inventory (11,000 units, 30% complete we, respect to Finishing costs) Transferred-in costs (from Moing) Finishing conversion costs Current work (100,000 units started) Mixing costs Finishing costs 130,000 11,250 980,000 508,500 The ending inventory has 15,000 units, whigh ane 60 percent complete with respect...
Yarmouth Company produces a liquid solvent in two departments:
Mixing and Finishing. Accounting records at Yarmouth show the
following information for Finishing operations for February (no new
material is added in the Finishing Department):
WIP inventory—Finishing
Beginning inventory (10,400 units, 20% complete with respect to
Finishing costs)
Transferred-in costs (from Mixing)
$
117,520
Finishing conversion costs
3,980
Current work (98,800 units started)
Mixing costs
908,960
Finishing costs
445,984
The ending inventory has 14,400 units, which are 60 percent
complete with...
Yarmouth Company produces a liquid solvent in two departments:
Mixing and Finishing. Accounting records at Yarmouth show the
following information for Finishing operations for February (no new
material is added in the Finishing Department):
WIP inventory—Finishing
Beginning inventory (10,700 units, 20% complete with respect to
Finishing costs)
Transferred-in costs (from Mixing)
$
123,670
Finishing conversion costs
8,003
Current work (99,400 units started)
Mixing costs
944,300
Finishing costs
472,867
The ending inventory has 14,700 units, which are 50 percent
complete with...
Yarmouth Company produces a liquid solvent in two departments: Mixing and Finishing. Accounting records at Yarmouth show the following information for Finishing operations for February (no new material is added in the Finishing Department). $ WIP inventory-Finishing Beginning inventory (11,100 units, 20% complete with respect to Finishing costs) Transferred-in costs (from Mixing) Finishing conversion costs Current work (100,200 units started) Mixing costs Finishing costs 132,150 3,022 991,980 517,803 The ending inventory has 15,100 units, which are 50 percent complete with...
Yarmouth Company produces a liquid solvent in two departments:
Mixing and Finishing. Accounting records at Yarmouth show the
following information for Finishing operations for February (no new
material is added in the Finishing Department).
WIP inventory—Finishing
Beginning inventory (10,600 units, 20% complete with respect to
Finishing costs)
Transferred-in costs (from Mixing)
$
121,600
Finishing conversion costs
4,554
Current work (99,200 units started)
Mixing costs
932,480
Finishing costs
468,464
The ending inventory has 14,600 units, which are 60 percent
complete with...
Yarmouth Company produces a liquid solvent In two departments: Mixing and Finishing. Accounting records at Yarmouth show the following Information for Finishing operations for February (no new material is added in the Finishing Department). WIP inventory-Finishing Beginning inventory (10,800 units, 20% complete with respect to Finishing costs) Transferred-in costs (from Mixing) Finishing conversion costs Current work (99,680 units started) Mixing costs Finishing costs $ 125,760 5,144 956, 160 491,136 The ending Inventory has 14,800 units, which are 60 percent complete...
Yarmouth Company produces a liquid solvent in two departments: Mixing and Finishing. Accounting records at Yarmouth show the following information for Finishing operations for February (no new material is added in the Finishing Department). $ WIP inventory-Pinishing Beginning Inventory (10,800 units, 201 complete with respect to Finishing costs) Transferred-in costs (from Mixing) Finishing conversion costs Current work (99,600 units started) Mixing costs Finishing costs 125,760 5,144 956,160 491. 136 The ending inventory has 14,800 units, which are 60 percent complete...
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