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FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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please excel formulas..
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A1
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Saved
fx Hayword, Inc. uses weighted-average costing and has two departments - mixing
B
C
D
E
1 Hayword, Inc. uses weighted-average costing and has two departments - mixing and packaging.
2 The following information relates to work in the mixing department for the month of July:
3
4 Work in process, July 1:
ts
5
Units in process
300
6
Percent completed with respect to materials
60%
7
Percent completed with respect to conversion
40%
eBook
8
Cost in the beginning inventory:
9
Print
Materials cost
$10,500
10
Conversion cost
$6,750
References
11 Units started into production during the period
6,200
12 Costs added to production during the period:
13
Materials cost
$330,912
14
Conversion cost
$406,408
15 Work in process, July 31:
16
Units in process
450
17
Percent completed with respect to materials
40%
18
Percent completed with respect to conversion
30%
19
Mc
Graw
Hill
20 Use the data to answer the following.
21
Type here to search
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Transcribed Image Text:Project 1 i
A1
X
A
Saved
fx Hayword, Inc. uses weighted-average costing and has two departments - mixing
B
C
D
E
1 Hayword, Inc. uses weighted-average costing and has two departments - mixing and packaging.
2 The following information relates to work in the mixing department for the month of July:
3
4 Work in process, July 1:
ts
5
Units in process
300
6
Percent completed with respect to materials
60%
7
Percent completed with respect to conversion
40%
eBook
8
Cost in the beginning inventory:
9
Print
Materials cost
$10,500
10
Conversion cost
$6,750
References
11 Units started into production during the period
6,200
12 Costs added to production during the period:
13
Materials cost
$330,912
14
Conversion cost
$406,408
15 Work in process, July 31:
16
Units in process
450
17
Percent completed with respect to materials
40%
18
Percent completed with respect to conversion
30%
19
Mc
Graw
Hill
20 Use the data to answer the following.
21
Type here to search
F2
F3
F4
$
94
#3
W
E
R
D
F
F5
F6
F7
Prev
1 of 1
Next
F8
蚵
85
%
&
6
7
29
T
Y
U
כ
DELL
81°F Windy
COUNT THE HAPE
F9
F10
F11
F12
PrtScr
Insert
Delete
* 00
8
9
G
H
J
K
C
V
B
N
Σ
L
P
-
Backs
ان
 alt="roject 1 i
40 Cost per equivalent unit
Saved
Total
41
42 3. Assign costs.
43
44
Mixing Department
Costs of Ending Work in Process Inventory and the Units Transferred Out
45
Materials
Conversion
46 Ending work in process inventory:
47 Equivalent units of production
S
48
Cost per equivalent unit
49
Cost of ending work in process inventory
eBook
50
51 Units completed and transferred out:
Print
52
References
53
Units transferred to the next department
Cost per equivalent unit
54
Cost of units transferred out
55
Mc
56 4. Prepare reconciliation.
READY
Attempt(s)
Graw
Hill
Type here to search
Sheet1
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F4
F5
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2
3
$ 4
%
85
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+ 100%
Hint
Prev
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DELL
F8
F9
F10
&
7
8
* 00
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9
F11
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COUNT THE HAPE
F12
PrtScr
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Transcribed Image Text:roject 1 i
40 Cost per equivalent unit
Saved
Total
41
42 3. Assign costs.
43
44
Mixing Department
Costs of Ending Work in Process Inventory and the Units Transferred Out
45
Materials
Conversion
46 Ending work in process inventory:
47 Equivalent units of production
S
48
Cost per equivalent unit
49
Cost of ending work in process inventory
eBook
50
51 Units completed and transferred out:
Print
52
References
53
Units transferred to the next department
Cost per equivalent unit
54
Cost of units transferred out
55
Mc
56 4. Prepare reconciliation.
READY
Attempt(s)
Graw
Hill
Type here to search
Sheet1
***
F2
F3
F4
F5
K
#
2
3
$ 4
%
85
F6
F7
6
W
E
R
T
Y
+ 100%
Hint
Prev
1 of 1
Next
81°F Windy
DELL
F8
F9
F10
&
7
8
* 00
כ
(
9
F11
く
COUNT THE HAPE
F12
PrtScr
T
Insert
Delete
+
-
Backs
O
P
B
1
S
D
F
G
H
J
K
L
X
C
V
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نانا
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