Honey butter, Inc., manufactures a product that goes through two departments prior to completion. The following information is available about work in the first department, the Mixing Department, during June.
|
|
|
Percent Completed
|
|
|
Units
|
Materials
|
Conversion
|
|
Work in process, beginning
|
70,000
|
70%
|
40%
|
|
Started into production
|
460,000
|
|
|
|
Completed and transferred out
|
450,000
|
|
|
|
Work in process, ending
|
80,000
|
75%
|
25%
|
|
|
|
Materials
|
Conversion
|
|
Work in process, beginning
|
|
$36,550
|
$13,500
|
|
Cost added during June
|
|
$391,850
|
$287,300
|
Assume that the company uses the weighted-average method.
Determine the equivalent units for June for the first process.