Question

Pestiferous Manufacturing produces a chemical pesticide and uses process costing. There are three processing departmentslong dash​Mixing, ​Refining, and Packaging. On January​ 1, the first departmentlong dashMixinglong dashhad no beginning inventory. During​ January, 47 comma 000 fl. oz. of chemicals were started in production. Of​ these, 38 comma 000 fl. oz. were​ completed, and 9 comma 000 fl. oz. remained in process. In the Mixing​ Department, all direct materials are added at the beginning of the production​ process, and conversion costs are applied evenly throughout the process. At the end of​ January, the equivalent unit data for the Mixing Department were as​ follows: UNITS Equivalent Units Equivalent Units Units to be accounted for Direct Materials Costs Conversion Costs Completed and transferred out 38 comma 000 38 comma 000 38 comma 000 Ending workminusinminus​process* 9 comma 000 9 comma 000 3 comma 960 47 comma 000 47 comma 000 41 comma 960 ​* Percent complete for conversion​ costs: 44% In addition to the​ above, the cost per equivalent unit were $ 1.35 for direct materials and $ 5.20 for conversion costs. Using this​ data, calculate the full cost of the ending WIP balance in the Mixing Department. The weightedminusaverage method is used. A. $ 63 comma 450 B. $ 41 comma 960 C. $ 32 comma 742 D. $ 12 comma 150

Answer 1

Answer:

C. $ 32 comma 742

Explanation:

We are given with the ending WIP equivalent untis and the equivalent untis conversion adn material cost

We sjust need to multiply and add them:

material EU x equivalent cost per material +

conversion EU x equivalent cost per conversion

9,000 x 1.35 +

3,960 x 5.20  

32,742