Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

23 Studiubah me Pur Deportes obertes como The Do the word down on tamo nove the best recomand de cocos Dica with the Dino Dow

image text in transcribed
image text in transcribed
23 Studiubah me Pur Deportes obertes como The Do the word down on tamo nove the best recomand de cocos Dica with the Dino Dow 42 . TIR . . 100 O Oncontres coses nog Dengbebisbeth the most free C. common 2. Monteres L. Diyeting and in con motion of March Show Main 23 Scribners Corporation produces fine papers in three production departments --Puiping, Drying, and Finishing. In the Puiping Department, raw materials such as wood fiber and rag cotton are mechanically and chemically treated to separate their fibers. The result is a thick slurry of fibers. In the Drying Department, the wet fibers transferred from the Puiping Department are laid down on porous webs pressed to remove excess liguld, and dried in ovens. In the Finishing Department, the dried paper is coated, cut, and spooled onto reels. The company uses the weighted-average method in its process costing system Data for March for the Drying Department follow 4.52 Date 5.000 1,000 Work in process inventory. Mare 1 work in process Lovestory, March 3 Pulping cost in work in process inventory, March 1 Conversion cost in process Lovetoy, March 1 white transferred to the next production department Pulping cost added during March Conversion or added during more Percent Completed Piping Conversion 1000 200 1001 250 $4.000 SOD 157.000 $102.450 31,300 Today O No materials are added in the Drying Department, Puiping 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 bers 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 Departments 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 Departments cost of units transferred out to the Finishing Department for puping, 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 Neuired Required Required Recured Compute the Drying Department's cost per equivalent unit for pupping and conversion in March. (Round your answers to ? decimal places oing Como Coupervlett Required Required 3 )

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Sound Investing, Chapter 23 - Internal Control

Authors: Kate Mooney

1st Edition

0071719458, 9780071719452

More Books

Students also viewed these Accounting questions