Benoit Chemical Company (BCC) produces a variety of specialty chemicals used in the pharmaceutical industry...

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Accounting

Benoit Chemical Company (BCC) produces a variety of specialty chemicals used in the pharmaceutical industry and construction Industry BCC spends almost 20% of its net revenues on research, product development, and customer development to achieve its reputation as a high-quality producer of chemicals, a reliable supplier, and a great provider of customer serviceBCC has a small number of large customers, each of which typically has one or more large orders being processed at BCC at any given point in time. These orders are typically completed over one to three months or longerBCC uses job costing to keep track of total job costs over the duration of each order and process costing to keep track of monthly costs, department by departmentThe processing departments include mixing, reacting (in which chemicals are heated and sometimes vacuum is applied), cleaning, inspecting, and packagingMuch of the total product cost is accumulated in the first two processes: mixing and reacting. The following information is for activity and costs in the first two departments during the current month

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