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Refinements on the Weighted - REFINEMENTS ON THE...

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REFINEMENTS ON THE WEIGHTED-AVERAGE METHOD Kellogg Company  has produced Eggo ®  Waffles since 1970. Three departments produce these  waffles: Mixing, Baking, and Freezing/Packaging. The Mixing Department combines dry  ingredients, including flour, salt, and baking powder, with liquid ingredients, including eggs and  vegetable oil, to make waffle batter. Illustration  16-9  provides information related to the Mixing  Department at the end of June.  Illustration 16-9    Information for Mixing Department Helpful Hint   When are separate unit cost computations needed for materials and conversion costs? Illustration  16-9  indicates that the beginning work in process is 100% complete as to materials cost  and 70% complete as to conversion costs.  Conversion costs   are the sum of labor costs and  overhead costs.  In other words, Kellogg adds both the dry and liquid ingredients (materials) at the 
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