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2 Percent Completed Work in process Inventory, March 1 Work in process inventory, March 31 Units Pulping Conversion 3,200 100% Bex 66 dints Conversion cost
2 Percent Completed Work in process Inventory, March 1 Work in process inventory, March 31 Units Pulping Conversion 3,200 100% Bex 66 dints Conversion cost added during March Pulping cost in work in process inventory, March 11 Conversion cost in work in process Inventory, March 1 Units transferred to the next production department Pulping cost added during March 4,800 180x 75% $1,00 $1,248 174,200 $103,802 $75,206 eBook 10 References No materials are added in the Drying Department. Pulping cost represents the costs of the wet fibers transferred in from the Pulping Department. Wet fiber is processed in the Drying Department in batches; each unit in the above table is a batch and one batch of wet fibers produces a set amount of dried paper that is passed on to the Finishing Department. Required: 1. Compute the Drying Department's equivalent units of production for pulping and conversion in March 2. Compute the Drying Department's cost per equivalent unit for pulping and conversion in March. 3. Compute the Drying Department's cost of ending work in process inventory for pulping, conversion, and in total for March. 4. Compute the Drying Department's cost of units transferred out to the Finishing Department for pulping, conversion, and in total in March. 5. Prepare a cost reconciliation report for the Drying Department for March Complete this question by entering your answers in the tabs below. Required 11 Required 2 Required 3 Required 4 Required 5 Compute the Drying Department's equivalent units of production for pulping and conversion in March. Equivalent units of production Pulping Conversion Required 1 Required 2 > 2 666 points Mork in process inventory, March 1 Work In process Inventory, March 11 Percent Completes units Pulping Conversion 3,200 100% Pulping cost in work in process inventory, March 1 Conversion cost in work in process inventory, March 1 Units transferred to the next production departeent Pulping cost added during March Conversion cost added during March 4,000 100% 75% 53,248 174,200 $75,206 Seved ebook Print References No materials are added in the Drying Department. Pulping cost represents the costs of the wet fibers transferred in from the Pulping Department Wet fiber is processed in the Drying Department in batches; each unit in the above table is a batch and one batch of wet fibers produces a set amount of dried paper that is passed on to the Finishing Department Required: 1. Compute the Drying Department's equivalent units of production for pulping and conversion in March 2. Compute the Drying Department's cost per equivalent unit for pulping and conversion in March 3. Compute the Drying Department's cost of ending work in process inventory for pulping conversion, and in total for March. 4. Compute the Drying Department's cost of units transferred out to the Finishing Department for pulping, conversion, and in total in March 5. Prepare a cost reconciliation report for the Drying Department for March Complete this question by entering your answers in the tabs below. Required 1 Required Required 3 Required 4 Required 5 Compute the Drying Department's cost per equivalent unit for pulping and conversion in March. (Round your answers to 2 decimal places.) Pulping Cost per equivalent unit i Conversion 2 6.66 points eBook Print References Mork in process inventory, March 1 Mork in process inventory, March 31 Pulping cost in work in process inventory, March 1 Conversion cost in work in process inventory, March 1 Units transferred to the next production department Pulping cost added during March Conversion cast added during March Units 3,200 Percent Completed Pulping Conversion 100% BOX 4,500 100% 75% $3,00 $3,248 174,200 5103,002 $75,206 No materials are added in the Drying Department. Pulping cost represents the costs of the wet fibers transferred in from the Pulping Department. Wet fiber is processed in the Drying Department in batches; each unit in the above table is a batch and one batch of wet fibers produces a set amount of dried paper that is passed on to the Finishing Department Required: 1. Compute the Drying Department's equivalent units of production for pulping and conversion in March 2. Compute the Drying Department's cost per equivalent unit for pulping and conversion in March 3. Compute the Drying Department's cost of ending work in process inventory for pulping, conversion, and in total for March 4. Compute the Drying Department's cost of units transferred out to the Finishing Department for pulping, conversion, and in total in March, 5. Prepare a cost reconciliation report for the Drying Department for March Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Compute the Drying Department's cost of ending work in process Inventory for pulping, conversion, and in total for March. (Round your intermediate calculations to 2 decimal places.) Pulping Conversion Total Cost of ending work in process inventory CH 4. Homework 2 Work in process inventory, March 1 Work in process inventory, March 31 Units Percent Completed Pulping Conversion 3,200 100% 6.66 points Pulping cost in work in process inventory, March 1 Conversion cost in work in process inventory, March 11 Units transferred to the next production department Pulping cost added during March Conversion cost added during March 4,800 100x 75% $1,806 $1,248 174,200 $103,402 $ 75,206 Saved eBook Print References No materials are added in the Drying Department. Pulping cost represents the costs of the wet fibers transferred in from the Pulping Department. Wet fiber is processed in the Drying Department in batches; each unit in the above table is a batch and one batch of wet fibers produces a set amount of dried paper that is passed on to the Finishing Department Required: 1. Compute the Drying Department's equivalent units of production for pulping and conversion in March. 2. Compute the Drying Department's cost per equivalent unit for pulping and conversion in March 3. Compute the Drying Department's cost of ending work in process inventory for pulping conversion, and in total for March 4. Compute the Drying Department's cost of units transferred out to the Finishing Department for pulping, conversion, and in total in March. 5. Prepare a cost reconciliation report for the Drying Department for March. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Compute the Drying Department's cost of units transferred out to the Finishing Department for pulping, conversion, and in total in March. (Round your intermediate calculations to 2 decimal places.) Pulping Conversion Cost of units completed and transferred out < Required 3 Required 5> Total 2 fibers produces a set amount of dried paper that is passed on to the Finishing Department. Required: 1. Compute the Drying Department's equivalent units of production for pulping and conversion in March. 6.66 2. Compute the Drying Department's cost per equivalent unit for pulping and conversion in March polots eBook 3. Compute the Drying Department's cost of ending work in process inventory for pulping, conversion, and in total for March 4. Compute the Drying Department's cost of units transferred out to the Finishing Department for pulping, conversion, and in total in March. 5. Prepare a cost reconciliation report for the Drying Department for March. Complete this question by entering your answers in the tabs below. Print Required 1 Required 2 Required 3 Required 4 Required 5 References Prepare a cost reconciliation report for the Drying Department for March, (Round your intermediate calculations to 2 decimal places.) Costs to be accounted for Drying Department Cost Reconciliation Total cost to be accounted for Costs accounted for as follows: $ Total cost accounted for $ 0
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