Whey Inc. manufactures energy bars and uses process costing….
Whey Inc. manufactures energy bars and uses process costing. Whey has four processing departments: mixing, forming, cutting and packaging. Here are data regarding the work in process inventory of the forming department for the month of October: For purposes of computing the balance of the ending work in process inventory account, the forming department’s cost per equivalent unit of production with respect to transferred-in costs is greater than $1.40. This is attributable to: