# Fielding Chemicals has a mixing department and a refining department Its process – costing system in the m the mixing department has two direct

Fielding Chemicals has a mixing department and a refining department Its process – costing system in the m
the mixing department has two direct materials cost categories chemical P and chemical ! ) and one co
. conversion costs pool The following data pertain to the
mixing department for July 2019
( Click the icon to view the mixing department data . )
Requirements
Compute the equivalent units in the mixing department for July 2014 for each cost category
Compute ( a ) the cost of goods completed and transferred to the
the refining department during July and ( b the cost of work in process as of July 31 2014
Requirement 2 Compute ( a the cost of goods completed and transferred to the refining department during July and ( 6 ) the cost of work in process as of July 31 2014
Begin by computing the cost per equivalent unit for each cost category
Conversion
Data Table
Chemical Chemical
5 291.090 5
69.000 5 225.000
Divide by equivalent units of work done in current period
Work in process , July
Cost per equivalent unit
Units started
( 2 ) Determine the formula , then compute the cost of goods completed and transferred to the refining department during July for each cost category
Completed and transferred to refining department
Cost of goods completed
5 291020
Cost per equivalent un
Units completed and transferred out
and transferred out
Conversation costs
225 000
Conversion costs
( 6 ) Determine the formula
a then compute the cost of work in process as of July 31 2014 for each cost category . Enter a O for any zero balances )
Cost of work in process
25 of July 31 2014
Chemical Q
Conversion costs