Kaplan University Operations And Supply Chain Management Assignment Help - Honeybutter, Inc.

Question - Problem 4–14 Comprehensive Problem—Weighted-Average Method [LO2, LO3, LO4, LO5]
Honeybutter, Inc., manufactures a product that goes through two departments prior to completion the
Mixing Department followed by the Packaging Department. The following information is available
about work in the first department, the Mixing Department, during June.
Physical Percent Completed
Units to Account For: Units Materials Conversion
BWIP 70,000 70% 40%
Units Started 460,000
Completed & T/O 450,000
EWIP 80,000 75% 25%
Costs to Account For: Materials Conversion
BWIP $36,550 $13,500
Cost added during period 391,850 287,300
Required:
Assume that the company uses the weighted-average method.
1. Determine the equival ...Read More ent units for June for the Mixing Department.
2. Compute the costs per equivalent unit for June for the Mixing Department.
3. Determine the total cost of ending work in process inventory and the total cost of units transferred
to the Packaging Department.
4. Prepare a cost reconciliation report for the Mixing Department for June. ...Read Less

Solution Preview - No Solution Preview Available

Original Question Documents

N/A