5. The Laramie Factory produce expensive boots. It has two departments that all the During January, the beginning work in process in the ning department was Conversion and 100% complete as to direct s the b ig wory indeed materials and $15.000 for conversion costs Ending working inventory in the banning department was 90% complete. Direct materials de w ebwing of the process Beginning work in process in the finishing department w a s to come cing Inventories included 57,000 for transfered in and 10.000 Ending Additional information about the two departments follows Fish United this period Units wanted this period Ending work in process Material costs and Conversion costs Transferred-out cas $15.000 $19.016 Required: (1 points) Prepare a production cost work i ng we had 6. Red Sauce Canning Company processes tomatoes into catsup, tomato juice, and canned tomato During the summer of 2017, the joint costs of processing the tomatoes were $31.000. There was no Beginning or ending inventories for the summer. Production and sales value information for the same is as follows: Product Cases Catsup Vuice Canned 100,000 150,000 200,000 Sales Value at Split-off Point $6 per case B per case 5 per case Separable Costs Selling Price $3.00 per cand 528 per cand 5.00 per casas 25 per case 2.00 per case 10 per case Required: (9 points) Determine the amount allocated to each product if the constant gross margin method is used. 6. Red Sauce Canning Company processes tomatoes into catsup, tomato juice, and canned tomatoes During the summer of 2017, the joint costs of processing the tomatoes were $431,000. There was no beginning or ending inventories for the summer. Production and sales value information for the summer is as follows: Product Catsup Juice Canned Cases 100,000 150,000 200,000 Sales Value at Split-off Point Separable Costs Selling Price $6 per case $3.00 per case $28 per case 8 per case 5.00 per case 25 per case 5 per case 2 .00 per case 10 per case Required: (9 points) Determine the amount allocated to each product if the constant gross margin method is used. 5. The Laramie Factory produce expensive boots. It has two departments that all the During January, the beginning work in process in the ning department was Conversion and 100% complete as to direct s the b ig wory indeed materials and $15.000 for conversion costs Ending working inventory in the banning department was 90% complete. Direct materials de w ebwing of the process Beginning work in process in the finishing department w a s to come cing Inventories included 57,000 for transfered in and 10.000 Ending Additional information about the two departments follows Fish United this period Units wanted this period Ending work in process Material costs and Conversion costs Transferred-out cas $15.000 $19.016 Required: (1 points) Prepare a production cost work i ng we had 6. Red Sauce Canning Company processes tomatoes into catsup, tomato juice, and canned tomato During the summer of 2017, the joint costs of processing the tomatoes were $31.000. There was no Beginning or ending inventories for the summer. Production and sales value information for the same is as follows: Product Cases Catsup Vuice Canned 100,000 150,000 200,000 Sales Value at Split-off Point $6 per case B per case 5 per case Separable Costs Selling Price $3.00 per cand 528 per cand 5.00 per casas 25 per case 2.00 per case 10 per case Required: (9 points) Determine the amount allocated to each product if the constant gross margin method is used. 6. Red Sauce Canning Company processes tomatoes into catsup, tomato juice, and canned tomatoes During the summer of 2017, the joint costs of processing the tomatoes were $431,000. There was no beginning or ending inventories for the summer. Production and sales value information for the summer is as follows: Product Catsup Juice Canned Cases 100,000 150,000 200,000 Sales Value at Split-off Point Separable Costs Selling Price $6 per case $3.00 per case $28 per case 8 per case 5.00 per case 25 per case 5 per case 2 .00 per case 10 per case Required: (9 points) Determine the amount allocated to each product if the constant gross margin method is used