Reference no: EM132516704

Scott Inc., manufactures a product that passes through two processes: mixing and molding. All manufacturing costs are added uniformly in the mixing department. Information for the mixing department for May follows: Work in process, May 1: Units (45% complete) 10,000 Direct materials $23,000 Direct labor $37,000 Overhead $15,000 During May, 65,000 units were completed and transferred to the molding department. The following costs were incurred by the mixing department during May: Direct materials $115,000 Direct labor $140,000 Overhead $55,000 By May 31, 4,000 units that were 80 percent complete remained in Mixing. Scott uses the weighted average method.

Required:

Question A. Calculate the equivalent units of production using the weighted average method.

Question B. Calculate the total costs to account for.

Question C. Calculate total cost per equivalent unit of production.

Question D. Calculate the cost of goods transferred to the molding department during May.

Question E. Calculate the cost of May's ending work-in-process for the mixing department.