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7 Scribners Corporation produces fine papers in three production departments-Pulping, Drying, and Finishing. In the Pulping Department, raw materials such as wood fiber and rag

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7 Scribners Corporation produces fine papers in three production departments-Pulping, Drying, and Finishing. In the Pulping 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 Pulping Department are lald down on porous webs, pressed to remove excess liquid, and dried in ovens. In the Finishing Department, the dried paper is coated, cut, and spooled onto reels. The company uses the weighted-overage method in its process costing system. Data for March for the Drying Department follow 148 points Book References Percent Completed Units Pulping conversion Work in process inventory, March 1 3,400 1001 800 Work in process inventory, March 31 6,800 1001 750 Palping cost in work in process Inventory, March 1 $1,445 Conversion cost in work in process inventory. March $ 850 Unita transferred to the next production department 147,900 Pulping cost added during March $ 68,170 Conversion cost added during March $ 43,520 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 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: Required 2 Required Required 4 Required 5 Compute the Drying Department's equivalent units of production for pulping and conversion in March Pulping Conversion Equivalent units of production 153 800 152.100 | Malou Required 2 >

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