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A nswer all please pois 10 [= 1 Required information Use the following information for the Exercises below. The following formation applies to the questions
A nswer all please
pois 10 [= 1 Required information Use the following information for the Exercises below. The following formation applies to the questions displayed be The following partialy completed process cost summary describes the July production activities of the Molding Department at Ashed Company ts production output is sent to the next department. At dredt materials are added to products when processing begins, Beginning work in process inventory is 20% complete with respect to conversion Brent Spirals of transferred out Out of wis Materials Conver 41, 42,000 3.300 2.10 15,500 Cate of beginning work in process is prise Dice in beginning work in process (all empted during it started this pers 1.000 7.90* te glated and served 43,000 in ending work in pr Exercise 16-12 Weighted average: Completing a process cost summary LO C3 Prepares process cost summary using the weighted average method Pound Cost per EUP to 2 decimal places) ne * 44, MAPE tacial Comarion HERE 154618 EXILI HET BAC HUUC L 20 points Book H Units started this periodi Units completed and transferred out Units in ending work in process 42,500 42,000 3,500 16-12 Weighted average: Completing a process cost summary LO C3 Exercise Prepare its process cost summary using the weightep-aver Costs Charged to Production Costs of beginning work in process $ 3,500.00 Costs incurred this period 42,000.00 Total costs to account for $ 45,500.00 Total costs accounted for "Difference due to rounding costunit $ 0.00 Unit Reconciliation Units to account for Beginning work in process Units started this period Total units to account for Total units accounted for Completed and transferred out Ending work in process Total units accounted for Equivalent Units of Production (EUP) Weighted Average Method Units Units completed and transferred out Equivalent units of production Cost per EUP Total costs -average method. (Round "Cost per EUP" to 2 decimal places.) EUP-Materials % Conversion EUP-Conversion Materials Convers Costs % Materials Costs 20 paino - Hire Required information FOUR S Total units accounted for Completed and transferred out Ending work in process Total units accounted for Equivalent Units of Production (EUP)- Weighted Average Method Units Units completed and transferred out Equivalent units of production Cost per EUP Total cost Equivalent units of production Cost per equivalent unit of production Cost Assignment and Reconciliation Costs transferred out Direct materials Conversion Total transferred out Costs of ending work in process Direct materials Conversion Total ending work in process Total costs accounted for EUP EUP % Materials EUP- Materials % Conversion Materials Costs Costs EUP EUP Cost per EUP Cost per EUP 5 0.00 5 0.00 Total cost Total cost 0 EUP. Conversion Conversion 2 Required formation 1. Compute the cost of products transferred from weaving to sewing, (b) cost of products transferred from sewing to finished goods, and id cost of goods sold. 2. Prepare journal entries dated June 30 to record ( goods transferred from weeving to sewing, the goods transferred from sewing to finished goods, I sale of finished goods, and (d) cost of goods sold Complete this question by entering your answers in the tabs below. Required Prepare journal entries dated June 30 to record (a) goods transferred from weaving to sewing, (b) geods transferred from owing to fished goods, ( sale of finished goods, and (d) cost of goods sold Journal entry worksheet D CD Record the goods transferred from eving to sewing General Jume O June 30 20 Deb C pois 10 [= 1 Required information Use the following information for the Exercises below. The following formation applies to the questions displayed be The following partialy completed process cost summary describes the July production activities of the Molding Department at Ashed Company ts production output is sent to the next department. At dredt materials are added to products when processing begins, Beginning work in process inventory is 20% complete with respect to conversion Brent Spirals of transferred out Out of wis Materials Conver 41, 42,000 3.300 2.10 15,500 Cate of beginning work in process is prise Dice in beginning work in process (all empted during it started this pers 1.000 7.90* te glated and served 43,000 in ending work in pr Exercise 16-12 Weighted average: Completing a process cost summary LO C3 Prepares process cost summary using the weighted average method Pound Cost per EUP to 2 decimal places) ne * 44, MAPE tacial Comarion HERE 154618 EXILI HET BAC HUUC L 20 points Book H Units started this periodi Units completed and transferred out Units in ending work in process 42,500 42,000 3,500 16-12 Weighted average: Completing a process cost summary LO C3 Exercise Prepare its process cost summary using the weightep-aver Costs Charged to Production Costs of beginning work in process $ 3,500.00 Costs incurred this period 42,000.00 Total costs to account for $ 45,500.00 Total costs accounted for "Difference due to rounding costunit $ 0.00 Unit Reconciliation Units to account for Beginning work in process Units started this period Total units to account for Total units accounted for Completed and transferred out Ending work in process Total units accounted for Equivalent Units of Production (EUP) Weighted Average Method Units Units completed and transferred out Equivalent units of production Cost per EUP Total costs -average method. (Round "Cost per EUP" to 2 decimal places.) EUP-Materials % Conversion EUP-Conversion Materials Convers Costs % Materials Costs 20 paino - Hire Required information FOUR S Total units accounted for Completed and transferred out Ending work in process Total units accounted for Equivalent Units of Production (EUP)- Weighted Average Method Units Units completed and transferred out Equivalent units of production Cost per EUP Total cost Equivalent units of production Cost per equivalent unit of production Cost Assignment and Reconciliation Costs transferred out Direct materials Conversion Total transferred out Costs of ending work in process Direct materials Conversion Total ending work in process Total costs accounted for EUP EUP % Materials EUP- Materials % Conversion Materials Costs Costs EUP EUP Cost per EUP Cost per EUP 5 0.00 5 0.00 Total cost Total cost 0 EUP. Conversion Conversion 2 Required formation 1. Compute the cost of products transferred from weaving to sewing, (b) cost of products transferred from sewing to finished goods, and id cost of goods sold. 2. Prepare journal entries dated June 30 to record ( goods transferred from weeving to sewing, the goods transferred from sewing to finished goods, I sale of finished goods, and (d) cost of goods sold Complete this question by entering your answers in the tabs below. Required Prepare journal entries dated June 30 to record (a) goods transferred from weaving to sewing, (b) geods transferred from owing to fished goods, ( sale of finished goods, and (d) cost of goods sold Journal entry worksheet D CD Record the goods transferred from eving to sewing General Jume O June 30 20 Deb C Step by Step Solution
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