accounting 1090
Homework Assignments (Exerc X Do Homework - Rawa Jakkou X Course Hero x + C mathxl.com/Student/PlayerHomework.aspx?homeworkld=580667835&questionld=1&flushed=false&cld=6253128¢erwin=yes Apps YouTube 9 Maps = News M Gmail zoon.us C My Devices | Che... Settings - Security Acct 1090 - Prof. Edwards - Late Start Fall 2020 Rawa Jakkou & | 11/07/20 10:35 AM Homework: Week Four: Chapter 3 (managerial) Homework Problem Save Score: 0 of 3 pts 1 6 of 6 (5 complete) HW Score: 72.97%, 10.95 of 15 pts PM3A-37A (similar to) Question Help Vultan Wax manufactures crayons in a three-step process: mixing, molding, and packaging. At March 31, before recording the transfer of costs from the Mixing Department to the Molding Department, the i (Click the icon to view the additional information.) Vultan Wax general ledger included the following account: (Click the icon to view the account.) Read the requirements Month Ended March 31 Equivalent Units Physical Direct Conversion i Requirements - X UNITS Units Materials Costs Units to account for: Beginning work-in-process 1000 1. Prepare a production cost report for the Mixing Department for March. Round Started in production 5000 equivalent unit of production costs to four decimal places. Round all other costs to the nearest whole dollar. Total units to account for 6000 2. Journalize all transactions affecting the Mixing Department during March, including the entries that have already been posted. Assume labor costs are accrued and not yet paid. Units accounted for: Beginning work-in-process 1000 Print Done Started and completed Transferred to Molding Department Ending work-in-process Total units accounted for Choose from any list or enter any number in the input fields and then click Check Answer. ? parts 6 remaining Clear All Check AnswerHomework Assignments (Exerc X Do Homework - Rawa Jakkou X Course Hero x + C mathxl.com/Student/PlayerHomework.aspx?homeworkld=580667835&questionld=1&flushed=false&cld=6253128¢erwin=yes Apps YouTube 9 Maps = News M Gmail zoon.us C My Devices | Che... Settings - Security Acct 1090 - Prof. Edwards - Late Start Fall 2020 Rawa Jakkou & | 11/07/20 10:36 AM Homework: Week Four: Chapter 3 (managerial) Homework Problem Save Score: 0 of 3 pts 1 6 of 6 (5 complete) HW Score: 72.97%, 10.95 of 15 pts PM3A-37A (similar to) Question Help Vultan Wax manufactures crayons in a three-step process: mixing, molding, and packaging. At March 31, before recording the transfer of costs from the Mixing Department to the Molding Department, the i (Click the icon to view the additional information.) Vultan Wax general ledger included the following account: (Click the icon to view the account.) Read the requirements Month Ended March 31 Equivalent Units - X Physical Direct Conversion i Data Table UNITS Units Materials Costs Units to account for: Work-in-Process Inventory-Mixing Beginning work-in-process 1000 Balance, Mar. 1 28,900 Started in production 5000 Direct materials 20,000 Total units to account for 6000 Direct labor 19,850 Manufacturing overhead 36,070 Units accounted for: Beginning work-in-process 1000 Print Done Started and completed Transferred to Molding Department Ending work-in-process Total units accounted for Choose from any list or enter any number in the input fields and then click Check Answer. ? parts 6 Clear All Check Answer remainingm Homework Assignments (Exert X a Do Homework-Rawa Jakkou X H Course Hero X I + 6 6 C i mathxl.com/Student/PlayerHomework.aspx?homeworkld=580667835&questionld=1&flushed=false&cld=62531288tcenterwin=yes 8 E Apps II YouTube 9 Maps a News M Gmail 9 zoon.us Q My Deviceslche... Q Settings-Security Acct 1090 - Prof. Edwards - Late Start Fall 2020 Rawa Jakkou A | 11/07/20 10:36 AM Homework: Week Four: Chapter 3 (managerial) Homework Problem Score: 0 of 3 pts 4 6 of 6 (5 complete) v b Hw Score: 72.97%, 10.95 of 15 pts PM3A37A (similar to)' g; Questionneip a Vultan Wax manufactures crayons in a three-step process: mixing, molding, and packaging. At March 31, before recording the transfer of costs from the Mixing Department to the Molding Department, the 0 (Click the ioon to view the additional information.) Vullan Wax general ledger included the following account: g (Click the icon to view the account.) Read the muirements. Month Ended March 31 Equivalent Units 0 More Info Physical Direct Conversion UNITS Units Materials Costs . The Mixing Department combines the direct materials of parafn wax and UMS to account for: pigments. The heated mixture is pumped to the Molding Department. where it is Beginning werk-in-process 1000 poured into molds. Alter the molds cool. the crayons are removed from the molds and are transferred to the Packaging Department, where paper wrappers are Started in production added and the crayons are boxed. Total units to account for A In the Mixing Department. the direct materials are added at the beginning of the process and the conversion costs are incurred evenly throughout the process. Work in process of the Mixing Department on March 1, 2024, consisted of 1,000 - . batches of crayons that were 50% of the way through the production process. The Units accounted for. . . . beginning balance in Work-in-Prooess InventoryMixing was $28,900, which Beginning work-ln-process 1000 consisted of $13,000 in direct materials c053 and $15,900 in conversion costs Started d | t d During March, 5,000 batches were started in production. The Mixing Department an comp e e transferred 4,800 batches lo the Molding Department in March, and 1,200 were still Transferred to Molding Department in process on March 31. This ending inventory was 30% of the way through the mixing process. Vultan Wax uses the FIFO method. Ending work-in-process Total units accounted for = = = Print Choose from any list or enter any number in the input fields and then click Check Answer. u l | remaining CIearAll CheckAnswer 4 h
