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QUESTION

Please include the formulas and calculations: Arsenio Company manufactures a single product that goes through two processes, mixing and cooking.

Please include the formulas and calculations:

Required:

1. & 2. Calculate the equivalent units and costs per equivalent unit of material X, material Y, and conversion for the mixing department.

3. Calculate the cost of units transferred out.

4. Calculate the cost of the ending Work-in-Process Inventory.

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