18. Process Costing

On December 1, Yoghurt8 Co.’s Filling Department held 5,000 units as beginning work-in-process inventory. Over the month of December, production started with 25,000 new units. By December 31, the department had 9,000 units remaining in its ending work-in-process inventory. Calculate the total units completed and transferred out during December.

Half-a-Scoop Sorbet’s Mixing Department has the following cost information:

All direct materials are added at the beginning of the process whereas ending work in process inventory were deemed as 78% complete. Calculate the total output in terms of equivalent units.

During the period, Candy Goods Co. fully finished 84,000 units. At the end of the period, it has 9,000 equivalent units of ending work in process inventory. Additionally, suppose the initial work-in-progress inventory included \$9,000 worth of conversion costs, and an extra \$75,000 in conversion costs were incurred throughout the current period. Using the weighted average method, calculate the conversion cost per equivalent unit of production (EUP).

Data at Candy Goods Co.’s Mixing Department shows the following process costing information below:

Additionally, 40,200 units were successfully completed and transferred out of the department during the period. Using the weighted average method, calculate the cost assigned to direct materials and conversion.