Selected production and cost data of Nancy's Unity Co. follow for May 2024 ...

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Accounting

Selected production and cost data of Nancy's Unity Co. follow for May 2024
(Click the icon to view the production and cost data.) The company uses the weighted-average method.
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Requirement 1. Compute the equivalent units of production for direct materials and for conversion costs for the Mbxing Department.
Complete the partial production cost report below for the Mixing Department, showing the equivalent units of production for direct materials and for conversion costs
\table[[\table[[Nancy's Unity Co.],[Production Cost Report - Mixing Department (Partial)],[Month Ended May 31]],Data table],[\table[[UNITS],[Units accounted for]],,Equival,nt Units],[Physical,Direct,Conversion,\table[[Units to account for],[Beginning work-in-process, April 30]],Heating Department],[Units,Materials,- Costs,,],[,,,20,000,2,000],[,,,,\table[[Total units to account for],[Units accounted for],[Completed and transferred out during May],[Ending work-in-process, May 31],[Total units accounted for]],85,000,],[,,ar,,,70,000],[Total unils accounted for,,20,Longrightarrow,\table[[105,000]],72,000],[,,,,],[,,,70,000,70,000],[,,,35,000,2,000],[,,,105,000,\table[[72,000]]]]
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