Complete five-step process in a later department (Learning Objectives 2, 4)

Sidcrome uses four departments to produce plastic handles for screwdrivers: Mixing, Molding, Drying, and Assembly.

Sidcrome’s Drying Department requires no direct materials. Conversion costs are incurred evenly throughout the drying process. Other process costing information follows:

After the drying process, the screwdrivers are completed by assembling the handles and shanks and packaging for shipment to retail outlets.

Requirements 1. Draw a time line of the Drying Department’s process, similar to the one in Exhibit 4-10.
2. Use the time line to compute the number of equivalent units of work performed by the Drying Department during the period, the cost per equivalent unit, and the total costs to account for.
3. Assign total costs to

(a) units completed and transferred to the assembly opera¬ tion and

(b) units in the Drying Department’s ending work in process inventory.

Transcribed Image Text:

Units: Beginning work in process..... 7,000 units Transferred-in from the Molding Department during the period............... 28,000 units Completed during the period......... 16,000 units Ending work in process (20% complete as to conversion work) .... 19,000 units Costs: Beginning work in process (transferred-in cost, $140; conversion cost, $231)...... Transferred-in from the Molding Department during the period............... Conversion costs added during the period. $ 371 4,760 1,947