Anderson Winery in San Jose Catonia, has teo departments Fermentng nd Packagng Direct materals are added it the beginnng of the ferontng proces (gapes) and at the end of the packagng process tbottes) Conversion costs ace added evenly throughoud each process Data from the month of Match tor the Fermntng Department are as folcas Clck the coe to view the date fiom March) Read the e tenb Requirement 1. Fit in e tme ne for the Fementing Depatment lcompete Complete Start Choose from any drop-down list and then click Check Answer - X Requirements i 1. Fill in the time line for the Fermenting Department 2. Summarize the flow of physical units and compute the total equivalent units 3. Summarize total costs to account for and compute 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 Fermenting Department ending work in process inventory 5. What is the average cost per gallon transferred out of Fermenting into Packaging? Why would the company's managers want to know this cost? 2,100 gallons Beginning work in process inventory 5,860 gallons Started production 6,560 gallons Completed and transferred out to Packaging in March Ending work in process inventory (80% of the way through 1,400 gallons the fermenting process) Costs Beginning work in process inventory ($2,500 of direct 6,215 materials and $3,715 of conversion cost) Costs added during March: $ 9,440 Direct materials 600 Direct labor 1,829 Manufacturing overhead