PROBLEM 16: Cost of Production Report Spiderman Corp. has two departments. The following are the data of the two departments. Quantity Beginning WIP October 1 Incomplete as to material Complete as to conversion cost Department 1 32,500 20% Department 2 22,500 30% 75% 40% 120,000 Units started in October Units Completed in October Ending WIP October 31 Complete as to material Incomplete as to conversion cost ? ? 112,500 ? 27,500 60% 80% 0% 60%

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Problem 2 Jeffery Technologies used the weighted-average method in it process costing system. Data for the Assembly Department for October appears below: Work in Process, October 1 Costs added during October Equivalent Units of Production Required: Materials $25,000 $235,000 40,000 Conversion Costs $40,000 $260,000 25,000 1. Compute the cost per equivalent unit of production for materials and conversion costs. Show calculations. 2. Compute the total cost per equivalent whole unit.

how can I resolve this problem?   Percent Completed   Units Materials Conversion Work in process, beginning 50,000 70% 40% Started into production 265,000     Completed and transferred out 255,000     Work in process, ending 60,000 75% 25%       Materials Conversion Work in process, beginning $ 16,600 $ 5,000 Cost added during June $ 178,400 $ 105,700     Required: 1. Calculate the Blending Department's equivalent units of production for materials and conversion in June. 2. Calculate the Blending Department's cost per equivalent unit for materials and conversion in June. 3. Calculate the Blending Department's cost of ending work in process inventory for materials, conversion, and in total for June. 4. Calculate the Blending Department's cost of units transferred out to the Bottling Department for materials, conversion, and in total for June. 5. Prepare a cost reconciliation report for the Blending Department for June.