2 0 2 pot Required information The following Information applies to the questions displayed below) The following data reports on the July production activities of the Molding department at Ash Company, $35.350 3,200 $ 20.550 BOOK Deginning work in process Direct materials Conversion costs added this period Direct materiale Conversion Total coats to account for 460,200 256,220 714.20 6.943,470 Hinn References Direct Material Tercent Complete 100 Conversion Percent Complete 201 Beginning work in process inventory Units started this period Completed and transferred out Ending work in process Loventory Units 2.500 39,000 38,500 3.000 1000 608 Prepare the Molding department's production cost report using the weighted average method (Round "Cost per EUP" to 2 decimal places.) Uns Reconciliation Units to account for Completed and transferred out Leding work in DOGS Total units to account for Un counted for Beginning work in po us to ta period Totalni ured for M 2 2 Doints Required Information Chong WORK PRO Total units to account for Units accounted for Beginning work in process Units started this period Total units accounted for Equivalent units of Production (EUP) Book Direct Materials Complete EUP Conversion Complete EUP Units Hint Beferences Direct Materials Conversion Costs EUP Costs EUP 0 Completed and transferred out Units started and completed Equivalent units of production Cost per EUP Costs transferred out Costs added this period Total costs -Equivalent units of production Cost per equivalent unit of production Cost Ansignment Completed and transferred out Direct materials Conversion Total completed and transferred out Ending work in process Direct materials Conversion Total ending work in proces Total costs accounted for EUP Cost per EUP Total cost EUP Total cost Cost per EUP 5 0.00 $ 0.00 3 Part 1 of 3 1 points Required Information The following information applies to the questions displayed below) Victory Company uses weighted average process costing. The company has two production processes. Conversion cost is added evenly throughout each process. Direct materials are added at the beginning of the first process. Additional Information for the first process follows Direct Materials Conversion Percent Percent Unito Complete Complete Beginning work in process inventory 70,000 1001 Units started this period $50.000 Units completed and transferred out 720,000 Ending work in process inventory 200,000 700 Book 100N References $ 538,200 150.500 688,700 Beginning work in process inventory Direct materials Conversion Costa added this period Direct materials Conversion Total costs to account for 3,601,800 2.359.500 6,461,300 5.7.150,000 Required: 1. Compute equivalent units of production for both direct materials and conversion Equivalent Units of Production (EUP) Weighted Average Method Direct Materials Conversion Units Parcent Parcent EUP EUP Complete Complete Total unita 3 Part 1 of 3 1 Dot Required Information The following information applies to the questions displayed below) Victory Company uses weighted average process costing. The company has two production processes. Conversion cost is added evenly throughout each process. Direct materials are added at the beginning of the first process. Additional Information for the first process follows. Direct Materials Conversion Percent Percent Units Complete Complete Teginning work in process inventory 70,000 1001 000 Unito started this period 350.000 Unita completed and transferred out 720,000 Inding work in process inventory 200,000 1000 700 look References $530,200 150.500 8 688,700 Beginning work in process inventory Direct materials Conversion Coats added this period Direct materials Conversion Total costs to account for 3,601,800 2,859 500 6.4617300 $ 2,150,000 Required: 1. Compute equivalent units of production for both direct materials and conversion Equivalent Units of Production (EUP). Wolghted Average Method Direct Materials Conversion Units Percent EUP Percent EUP Complete Completa Total units 4. Part 20 Required information The following information applies to the questions displayed below) Victory Company uses weighted average process costing. The company has two production processes. Conversion cost Is added evenly throughout each process. Direct materials are added at the beginning of the first process. Additional Information for the first process follows. 1 points Direct Materials Conversion Percent Percent Complete Complete 1000 001 Book Beginning work in process inventory Units started this period Units completed and transferred out Ending work in process inventory Units 70,000 850.000 720,000 200.000 1001 700 References $530,200 150,500 $686.700 Beginning work in process inventory Direct materials Conversion costs added this period Direct materials Conversion Total coste to account for 3,601,000 2,859,500 6,461,300 57,150,000 2. Compute cost per equivalent unit of production for both direct materials and conversion Materials Conversion Cost per equivalent unit of production Costs Costs EUP EUP Total costs Equivalent units of production from part 1 Cost per equivalent unit of production 5 07 Part 3 of 3 1 1 points Required Information (The following information applies to the questions displayed below) Victory Company uses weighted average process costing. The company has two production processes. Conversion cost is added evenly throughout each process. Direct materials are added at the beginning of the first process. Additional Information for the first process follows Direct Materiale Conversion Percent Tercent Units Complete Complete Beginning work in process inventory 70,000 1000 Units started this period 850,000 Units completed and transferred out 720,000 Ending work in process inventory 200,000 1001 709 Beginning work in process inventory Direct materials $530,200 Conversion 150,500 $ 688,700 Conts added this period Direct materiais 3,601,00 Conversion 2.859.500 6.461,300 Total costs to account for $ 7,150,000 Book References 3. Assign costs to the department's output--specifically, to the units transferred out and to the units in ending work in process Inventory. (Round "Cost per EUP" to 2 decimal places.) EUP Cost per EUP Total cost Cost assignment-Weighted averago Completed and transferred out Direct materials Conversion Ending work in process Direct materiali Conversion 5 Materials Percent complete 1001 Conversion Percent Complete 800 Beginning work in process inventory Units started this period Units completed and transferred out Ending work in process inventory Units 70,000 850,000 720,000 200,000 Part of 3 1000 704 1 points $ 530,200 150.500 5 688,700 Beginning work in process inventory Direct materials Conversion Coats added this period Direct materials Conversion Total costs to account for 3,601,800 2.859,500 6.461,300 $ 7,150,000 ook References 3. Assign costs to the department's output-specifically, to the units transferred out and to the units in ending work in process Inventory (Round "Cost per EUP" to 2 decimal places.) EUP Cost per EUP Total cost Cost assignment-Weighted average Completed and transferred out Direct materials Conversion Ending work in process Direct materials Conversion Total costs accounted for