Business, 08.03.2021 19:30 shaunarothh1276
Brian Canning Co., which sells canned corn, uses an operation costing system. Cans of corn are classified as either sweet or regular, depending on the type of corn used. Both types of corn go through the separating and cleaning operations, but only regular corn goes through the creaming operation. During January, two batches of corn were canned from start to finish. Batch X consisted of 1,600 pounds of sweet corn, and Batch Y consisted of 1,500 pounds of regular corn. The company had no beginning or ending Work-in-Process Inventory. The following cost information is for the month of January:
Batch Cost Batch Size
Raw sweet corn X $10,880 1,600 lbs
Raw regular corn Y 5,775 1,500 lbs
Separating department costs 3,875
Cleaning department costs 2,480
Creaming department costs 750
Includes $1,900 for cream.
Required:
1. Compute the unit cost for sweet corn and regular corn.
2. Record appropriate journal entries.
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Brian Canning Co., which sells canned corn, uses an operation costing system. Cans of corn are class...
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