ACCT 301.B : Managerial Accounting (Fall 2021/22) Tuana Haciabdullahoglu & 10/28/21 9:09 PM = Homework: Homework 3 Question 2, CYU18-2 (si. Part 1 of 4 HW Score: 6.41%, 0.45 of 7 points O Points: 0 of 1 Save - X Reference TICUT UNITS Units Materials Costs Units to account for: 0 Beginning work-in-process Started in production 17,000 17,000 Total units to account for Milan Paints completed the following production report for the Mixing Department for the month of September 2018: (Click the icon to view the production report.) During September, Milan Paints reports the following in its Finishing Department: (Click the icon to view the information.) Complete a production cost report to assign the Finishing Department's September total costs to units completed and to units in process at the end of the month. Assume Milan Paints uses the weighted average method. production) Data table Milan Paints Production Cost Report - Finishing Department UNITS Month Ended September 30, 2018 Beginning Work-in-Process Inventory (20% complete for direct Equivalent Units materials, 70% complete for conversion costs) 8,000 units Physical Transferred Direct Conversion Transferred in from Mixing Department during September 11,000 units UNITS In Materials Costs Completed and transferred out to Finished Goods Inventory during September 14,000 units Units to account for: Ending Work-in-Process Inventory (10% complete for direct materials; 70% complete for conversion costs) 5,000 units COSTS Work-in-Process Inventory, August 31 (transferred in costs, $21,900; Total units to account for direct material costs, $1,700; conversion costs, $1,300) S 24,900 Transferred in from Mixing Department during September 27.500 Units accounted for Direct materials added during September 5,550 Conversion costs added during September 30,200 Units accounted for: Completed and transferred out Units 11,000 6,000 11,000 2.100 11,000 3,000 Ending work-in-process 17,000 13,100 14.000 Total units accounted for Direct Conversion Total Materials Costs Costs COSTS Costs to account for: $ 0 Beginning work-in-process Costs added during the period Total costs to account for 0 $ 1,310 $ 0$ 33,600 $ $ 34,910 $ 34.910 1.310 $ 13,100 33,600 $ 14.000 Total units accounted for $ 0.10 $ 2.40 $ 2.50 Print Done Divided by: Total EUP Cost per equivalent unit Costs accounted for: Completed and transferred out Ending work-in-process Total costs accounted for $ 1,100 $ 210 26.400 S 7,200 27,500 7.410 $ 1,310 $ 33,600 S 34,910 Print Done Video Etext pages Get more help