a from August.) i Requirements 1. Fill-in the time line for the Blending Department. 2. Summarize the physical flow of units and compute total equivalent units for direct materials and for conversion costs. 3. Summarize total costs to account for and find the cost per equivalent unit for direct materials and conversion costs. 4. Assign total costs to units (gallons): a. Completed and transferred out to the Packaging Department b. In the Blending Department ending work in process inventory 5. What is the average cost per gallon transferred out of the Blending Department to the Packaging Department? Why would the company's managers want to know this cost? Print Done i Data Table 9,000 gallons Gallons Beginning work in process inventory Started production Completed and transferred out to Packaging in August Ending work in process inventory (30% of the way through the blending process) Costs: 6,500 gallons 2,500 gallons 0 Beginning work in process inventory Costs added during August: Direct materials (dyes) Direct labor 5,670 800 2,100 Manufacturing overhead Total costs added during August 8,570 Print Done The Color World Paint Company prepares and packages paint products. The company has two departments (1) Blending and (2) Packaging Direct materials are added at the beginning of the blending process (dyes) and at the end of the packaging process (cans). Conversion costs are added evenly throughout each process Data from the month of August for the Blonding Department are as follows: (Click the icon to view the data from August) Read the requirements Physical Units Direct Materials Conversion Costs Flow of Production Units to account for: Beginning work in process, August 1 Plus Started in production during August 9,000 Total physical units to account for 9.000 Units accounted for Completed and transferred out 6,500 2.500 6,500 2.500 6,500 750 Plus Ending work in process, August 31 Total physical units accounted for 9.000 Total equivalent units 9,000 7.250 Requirement 3. Summarize total costs to account for and find the cost per equivalent unit for direct materials and for conversion costs. (For entries with a se balance make sure to enter "O" in the appropriate cells). Enter the cost or equivalent unit to two decimal places) Choose from any list or enter any number in the input fields and then click Check