Azucar, Inc. has six processing departments for refining sugar-Affination, Carbonation, Decolorization, Boiling, Recovery, and Packaging. Conversion...

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Azucar, Inc. has six processing departments for refining sugar-Affination, Carbonation, Decolorization, Boiling, Recovery, an

August Ending Work-in - Process Inventory 5,500 8,000 Costs $0 Beginning Work-in - Process Inventory Costs added during Augus

business accounting

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Answer 1

Answer #1

Solution:

Forming Department
Equivalent units of production (EUP) - Weighted Average method
	Units	% material	EUP-Materials	% Conversion	EUP- Conversion
Units Completed and transferred out (600+4000-1200)	5500	100%	5500	100%	5500
units of Ending work in process	8000	100%	8000	75%	6000
Equivalent units of production			13500		11500

Cost per Equivalent unit:	Material	Conversion
Cost of Beginning Work in Process	$0	$0
Cost added	$30,00,000	$17,25,000
Total Costs	$30,00,000	$17,25,000
/Equivalent units of Production	13500	11500
Cost per Equivalent unit of Production	$222.22	$150.00

Hence, option "B" is correct.

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Answer 2

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Azucar, Inc. has six processing departments for refining sugar-Affination, Carbonation, Decolorization, Boiling, Recovery, and Packaging. Conversion...

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