Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

3 Sunspot Beverages, lid, of juos the weighted average method in its process costing system. It makes blended topical fruit drinks in two stages. Fruit

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
3 Sunspot Beverages, lid, of juos the weighted average method in its process costing system. It makes blended topical fruit drinks in two stages. Fruit juices are extracted from fresh fruits and then blended in the Blending Department. The blended juices are then bottled and packed for shipping in the Boniling Department. The following information pertains to the operations of the Blending Department for June 25 Conversion BOOK Print Work in process, beginning Started into production Completed and transferred out Work in process, ending 66,000 333.000 323,000 75.000 rences Work in process, beginning Cost added during June Materials Conversion 124,01$ 8,300 3.257,202 176,350 Required 1 Required 2 Required Required 4 Required 5 Calculate the Blending Department's equivalent units of production for materials and conversion in June. Malorii Conversion Equivalent units of production Red Required 2 > Required 1 Required 2 Required 3 Required 4 Required 5 Calculate the Blending Department's cost per equivalent unit for materials and conversion in June. (Round your answers to 2 decimal places.) Convenio Cost per equivalent unit 5. Prepare a cost reconciliation report for the Blending Department for June Complete this question by entering your answers in the tabs below. Required: Required 2 Required 3 Required 4 Required s Calculate the Blending Department's cost of ending work in process inventory for materials, conversion, and in total for June (Round your intermediate calculations to 2 dedmal places.) Materials Cost of ending work in process inventory Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Calculate the Blending Department's cost of units transferred out to the Bottling Department for materiale, conversion, and in total for June. (Round your intermediate calculations to 2 decimal places) Mesto Conversion Cost of units completed and transferred out Complete this only ating your answers in the tales below. 25 Di Required 1 Reguite 2 Requind Required 4 Required Prepare a cost reconciliation report for the Blending Department for June. (Round your intermediate calators to decimal ploce) References Couts to be accounted for Total cost to be accounted for Couts accounted for as follows Total cost counted for Required 4

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

Public Sector Accounting

Authors: Rowan Jones, Maurice Pendlebury

6th Edition

0273720368, 9780273720362

More Books

Students also viewed these Accounting questions

Question

Customers have to repeat information they have already provided.

Answered: 1 week ago