Question

Weston Products manufactures an industrial cleaning compound that goes through three processing departments-grinding, mixing, and cooking. All raw materials are introduced at the start of work in the grinding department, with conversion costs being incurred evenly throughout the grinding process. The work-in-process T-account for the grinding department for May follows: Work in Process--Grinding Department Completed and transferred to mixing (? kg) Inventory, May 1 (21,400 kg, 1/3 processed) May costs added: Raw materials (167,000 kg) Labour and overhead $30,250 $? 168,400 302,400 Inventory, May 31 (17,100 kg, 2/3 processed) The May 1 work-in-process inventory consists of $20,100 in materials cost and $10,150 in labour and overhead cost. The company uses the weighted-average method to account for units and costs. Required: 1. Prepare a production report for the Grinding department for the month. "(Round "Cost per equivalent unit" to 2 decimal places and the rest to the nearest whole number.)" Quantity Schedule and Equivalent Units Quantity Schedule Kilograms to be accounted for: Work in process, May 1 Started into production Total kilograms

Answer 1

1)	Quantity Schedule and Equivalent units
				Quantity Schedule
	Kilograms to be accounted for
	Work in process ,May 1			21,400
	Started into production			167,000
	Total kilograms			188,400
						Equivalent units(EU)
					Units	Materials	Labor &OH
	Kilograms accounted for as follows
	Transferred to Mixing				171,300	171,300	171,300
	Work in process, May 31				17,100	17,100	11400
	total kilograms &Equivalent units of production				188,400	188,400	182,700
	Costs per equivalent units					Materials	Labor&OH
	cost per Equivalent unit					1.00	1.71
	Cost Reconciliation
					Equivalent units(EU)
				Total cost	Materials	labor&OH
	Cost accounted for as follows:
	Transferred to Mixing			464439	171391	293048
	Work in process,May 31
	Materials			17109	17109
	labor & overhead			19502		19502
	total work in process			36611
	Total cost.			501050