Process Costing: FIFO Costing Method P6. Canned fruits and vegetables are the main products made by Yummy Foods, Inc. All direct materials are added at the beginning of the Mixing Department’s process. When the ingredients have been mixed, they go to the Cooking Department. There the mixture is heated to 100° Celsius and simmered for 20 minutes. When cooled, the slnixture goes to the Canning Department for final processing. Throughout the opera-tions, direct labor and overhead costs are incurred uniformly. No direct materials are added in the Cooking Department. Cost data and other information for the Mixing Department for January are as follows.

Direct Conversion Production Cost Data Materials Costs Mixing Department Beginning Inventory $ 28,560 5 5,230 Current period costs 450,000 181,200 Work In process Inventory: Beginning inventory (40% complete in prior period) 5,000 liters Ending Inventory (60% complete) 6,000 liters Unit production data: Units started during January 90,000 liters Units transferred out during January 89,000 liters

Assume that no spoilage or evaporation loss took place during January. REQUIRED 1. Using the FIR) costing method, prepare a process cost report for the Mixing 1)epartment for January. 2. ACCOUNTING CONNECTION ? Explain how the analysis for the Cooking Department will differ from the analysis for the Mixing Department.