repare a schedule that shows how the equivalent units were computed so that you can complete the “Quantities: Units accounted for” equivalent units section shown in the production cost report, and compute October unit costs.

Hamilton Processing Company uses a weighted-average process cost system and manufactures a single product—a premium rug shampoo and cleaner. The manufacturing activity for the month of October has just been completed. A partially completed production cost report for the month of October for the mixing and cooking department is shown below.

Collapse question part (a) Prepare a schedule that shows how the equivalent units were computed so that you can complete the “Quantities: Units accounted for” equivalent units section shown in the production cost report, and compute October unit costs. (Round unit costs to 2 decimal places, e.g. 2.25.)

HAMILTON PROCESSING COMPANY Mixing and Cooking Department Production Cost Report For the Month Ended October 31 Equivalent Units Quantities Physical Units

Materials Conversion Costs Units to be accounted for Work in process, October 1 (all materials, 70% conversion costs) 22,620 Started into production 169,650 Total units 192,270

Units accounted for Transferred out 135,720

Work in process, October 31 (60% materials, 40% conversion costs) 56,550

Total units accounted for 192,270

Costs

Materials Conversion Costs

Total Unit costs Total Costs $271,440 $118,755 $390,195 Equivalent units

Unit costs $ $ $

Costs to be accounted for Work in process, October 1 $33,930 Started into production 356,265 Total costs $390,195 Click if you would like to Show Work for this question: Open Show Work