Question

Cooperative San José of southern Sonora state in Mexico makes a unique syrup using cane sugar and local herbs. The syrup is sold in small bottles and is prized as a flavoring for drinks and for use in desserts. The bottles are sold for $12 each. (The Mexican currency is the peso and is denoted by .) The first stage in the production process is carried out in the Mixing Department, which removes foreign matter from the raw materials and mixes them in the proper proportions in large vats. The company uses the weighted-average method in its process costing system.
Required:
(d) The manager of the Mixing Department stated, "Materials prices jumped ifonı abuut $2.50 per unit in March to $3 per unit in April, but due to good cost control I was able to hold our materials cost to less than $3 per unit for the month." Should this manager be rewarded for good cost control? Explain.

Answer 1

In the generation taken a cost report in handle costing, the entire units that were in generation in a manufacturing office are accommodated to those completed and exchanged out and those still in advance, and the generation costs caused are designated between those units utilizing the comparable units of generation concept.

What is weighted average method?

• The weighted average takes into consideration the relative significance or recurrence of a few variables in a information set.
• A weighted average is in some cases more precise than a straightforward average.
• In a weighted average, each information point esteem is increased by the doled out weight which is at that point summed and separated by the number of information points.
• For this reason, a weighted average can progress the data's accuracy. Stock financial specialists utilize a weighted average to track the fetched premise of offers bought at changing times.

To know more about weighted average method visit:

brainly.com/question/26499005?

#SPJ4