Moon Company produces baseball bats and cricket paddles. It has two departments that process all products – Cutting Department and Finishing Department.   In Finishing Department, direct materials (DM) are added at the start of the process and conversion costs (CC) are added evenly during the process. Company is using Weighted Average method for the Finishing Department.   During July, beginning work in process in the Finishing Department was 80% complete as to conversion. Beginning inventories included $30,800 for transferred-in costs, $13,200 for direct materials, and $27,500 for conversion costs.  Ending inventory was 30% complete as to CC. Additional information about the Finishing Department follows:     Finishing Beginning work-in-process units 26,400 Units transferred in this period 74,800 Units completed & transferred out 79,200 Ending work-in-process units 22,000     Material costs added $37,400 Conversion costs $75,460 Transferred-in costs $141,240   1. Compute total cost per unit. 2. Compute cost of units completed and transferred out in July.

The Jupiter Corporation uses a process cost system. The company started A. During the month 4,000 units were started. 3,100 units were transfered to Department B and the end of the month there were 3,200 units in ending Work in Process- Dept. A inventory that were 30% complete. The beginning work in process balance was $240,540 and total manufacturing cost for the period was $608,000. Based on this information, the total amount of cost to be accounted for is $608,000 $848,540 $647,900 O$240,540

Softkin Company manufactures sun protection lotion. The Mixing Department, the first process department, mixes the chemicals required for the repellant. The following data are for the current year: Work in process, January 1 — Gallons started 350,000 Gallons transferred out 294,000 Direct materials cost $700,000 Direct labor cost $1,377,600 Overhead applied $2,066,400 Direct materials are added at the beginning of the process. Ending inventory is 90 percent complete with respect to direct labor and overhead. Required: Prepare a production report for the Mixing Department for the current year. If an amount is zero, enter "0". Softkin Company Mixing Department Production Report for Current Year Unit Information Units to account for: Number of Units   Units completed   Units in ending WIP Total units to account for fill in the blank 5 Units accounted for: Equivalent Units   Physical Flow Direct Materials Conversion Costs   - Select - - Select -…

Beverly Plastics produces a part used in precision machining. The part is produced in two departments: Mixing and Refining. The raw material is introduced into the process in the Mixing Department. The cost of the material fluctuates significantly month to month based on market conditions. Information on costs and operations in the Refining Department for September follow: WIP inventory—Refining   Beginning inventory(17,500 units, 10% complete with respect to Refining costs)   Transferred-in costs (from Mixing) $ 239,055 Refining conversion costs 9,676 Current work (55,300 units started)   Mixing costs $ 900,625 Refining costs 103,140 The ending inventory has 14,200 units, which are 90 percent complete with respect to Refining Department costs. Required: a. Complete the production cost report using the FIFO method. Note: Round "Cost per equivalent unit" to 2 decimal places.   Physical Units Equivalent Units Mixing Department Refining Department Flow of…