Solved by verified expert:Option #1: Process CostingYou Got Yogurt, Inc. manufactures yogurt that goes through three processing stages prior to completion. Information on work in the first department, flavor identification and blending, is given below for November:Data on Production:Pounds in process at November 1; materials 100% complete; conversion 70% complete3,525Pounds started into production during November75,000Pounds completed and transferred out?Pounds in process, November 30; materials 85% complete; conversion 40% complete6,100Data on Costs:Work in process inventory, November 1: Materials cost$1,800Conversion cost$3,700Cost added during November: Materials cost$121,000Conversion cost$147,700The company uses the weighted-average method.Submit your assignment as an Excel spreadsheet document, clearly organized, with each tab or section labeled by item number that demonstrates the following: Compute the equivalent units of production.Compute the costs per equivalent unit for the month.Determine the cost of ending work in process inventory and of the units transferred out to the next department.Prepare a cost reconciliation schedule for the month. Below the schedule, comment on what the cost reconciliation schedule tells us about the company’s costs.Responses should be in complete sentences utilizing proper grammar. Your paper must be formatted according to CSU-Global Guide to Writing and APA Requirements (Links to an external site.). Reference Lynda.com in the CSU-Global Library (Links to an external site.) for Microsoft Excel tutorials or use the Excel Tutorials link found in the classroom if assistance is needed.Review the Module 3 Critical Thinking Rubric for full details on how you will be graded on this assignment.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.Read more
Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.Read more
Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.Read more
By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.Read more