2,400 gallons 5,390 gallons 6,590 gallons 1,200 gallons Gallons: Beginning work in process inventory....................... Started production Completed and transferred out to Packaging in March ..... Ending work in process inventory (80% of the way through the fermenting process) Costs: Beginning work in process inventory ($2,800 of direct materials and $1,555 of conversion cost) $ Costs added during March: Direct materials $ Direct labor Manufacturing overhead $ Total costs added during March ....... 4,355 6,548 750 1,470 8,768 Anderson Winery in Newton, Massachusetts, has two departments: Fermenting and Packaging. Direct materials are added at the beginning of the fermenting process (grapes) and at the end of the packaging process (bottles). Conversion costs are added evenly throughout each process. Data from the month of March for the Fermenting Department are as follows: Click the icon to view the data from March.) Requirement 2. Summarize the flow of physical units and compute the total equivalent units. Fermenting Department Equivalent Unit Computation Month Ended March 31 Flow of Physical Flow of Production Units Equivalent Units Direct Conversion Materials Costs Units to account for: Units accounted for Total equivalent units Requirement 3. Summarize total costs to account for and compute the cost per equivalent unit for direct materials and conversion costs. (Enter the cost per equivalent unit to the nearest cent.) Garmontina Dongmont Requirement 3. Summarize total costs to account for and compute the cost per equivalent unit for direct materials and conversion costs. (Enter the cost per equivalent unit to the nearest cent.) Fermenting Department Cost per Equivalent Unit Month Ended March 31 Direct Materials Conversion Costs Total Cost per equivalent unit Requirement 4. Assign total costs to units (gallons) (a) completed and transferred out to the Packaging Department and (b) in the Fermenting Department's ending work in process inventory. (Enter quantities first, then the cost per equivalent unit amounts in the same order as calculated in the preceding step. Enter your answers to the nearest cent.) Fermenting Department Month Ended March 31 Assigning Costs Direct Materials Conversion Costs Total a. Completed and transferred out: b. Ending work in process: Total costs accounted for Requirement 5. What is the average cost per gallon transferred out of Fermenting into Packaging? Why would the company's managers want to know this cost? First, identify the labels to compute the average cost per gallon transferred out, then compute the average cost per unit. (Abbreviation used: Avg. = Average. Enter your answer to two decimal places.) Avg. cost per gallon = Why would Anderson's managers want to know this cost? Managers will want to know this cost to compare it to their V. They may also use the cost information when