Cornerstones of Managerial Accounting 4th Edition by Maryanne Mowen, Don Hansen, Dan Heitger

Exercise 64

Nonuniform Inputs, Transferred-In Cost
Drysdale Dairy produces a variety of dairy products. In Department 12, cream (transferred in from Department 6) and other materials (sugar and flavorings) are mixed at the beginning of the process and churned to make ice cream. The following data are for Department 12 for August:
Required:
1. Prepare a physical flow schedule for the month.
2. Using the weighted average method, calculate equivalent units for the following categories: transferred-in, materials, and conversion.