answer 8-56

Bookshelf About Support Fundamentals of Cost A... X (LO8-3,4 8-55. Prepare a Production Cast Report: Weighted Average Method Eire Products is a specialty lubricants company. The Lake Plane produces a single product is the kepartmen: Filering, Blending and packaging. Additional materials are added in the Blending Process whes unes are 50 to 5 percent complete with respect to cover. Information le perties in Juse in the Bletality proces appear as follow Week in process on June Iconstad 9.000 barrels with the follow.ngels. Amount S10.500 Degree of Comen 100% Fitering costs transferred in Costs added in Bleding Drect mer.. Conversion costs......... ON 30 18,335 Work in process June 1 $28.875 During Jun, 115.00 horrels were transferred in from Filtering at a cost of $15.9. The following costs war ein landing in line Direct materials Conversion costs Total costs acided $137,500 5:13,205 $925.705 Blending finished 115.000 toerels in June and transferred them to Packages. At the end od Dane there were 10,000 barrels in de process investory. The units were percers complete with respect to come inco, The Bleeding Department uses the weighted average method of process costing The Pierre Department a Eire uses the FIFO method of process coding. The cost analysis Blending has learned that if the libering Deparmenate had used the weighted average method the amount cosis transferred in to Pering would we been $10.340 in the beginning work in process and $149.600 for the amount astered in this month Required Prepare a production cost report for Pune for the Bleeding Department R-56. Prepare a Production Cost Report: FIFO Method Refer to the data in Problem 8-55. The Blending Department the FIFO method of process ceeding. The Filering Department of Fire we the weighidrage method of process cooling, The cast aralyd in Blencing has .cond that if the Filtering Department at Firehoused the FIFO method, the amount of cox transferred in from Filtering would have been $11.70 in the begir- ting work in process and for the entered in this meth Required Prepare a production card reporter June for the Blending Departmenl. 8-57. Prepare a Production Cow Huport and Adjust Inventory Balances: Weigheder Method The recent of Frentel Corporatie's initial and a cow the following etaling | 0 - 5 (LO S-3, 4) excel 354 Pg. 353 Aa 0 H Type here to search - w . 100% 4:44 PM 11/20/2020 Bookshelf About Support Fundamentals of Cost A... X (LO8-3,4 8-55. Prepare a Production Cast Report: Weighted Average Method Eire Products is a specialty lubricants company. The Lake Plane produces a single product is the kepartmen: Filering, Blending and packaging. Additional materials are added in the Blending Process whes unes are 50 to 5 percent complete with respect to cover. Information le perties in Juse in the Bletality proces appear as follow Week in process on June Iconstad 9.000 barrels with the follow.ngels. Amount S10.500 Degree of Comen 100% Fitering costs transferred in Costs added in Bleding Drect mer.. Conversion costs......... ON 30 18,335 Work in process June 1 $28.875 During Jun, 115.00 horrels were transferred in from Filtering at a cost of $15.9. The following costs war ein landing in line Direct materials Conversion costs Total costs acided $137,500 5:13,205 $925.705 Blending finished 115.000 toerels in June and transferred them to Packages. At the end od Dane there were 10,000 barrels in de process investory. The units were percers complete with respect to come inco, The Bleeding Department uses the weighted average method of process costing The Pierre Department a Eire uses the FIFO method of process coding. The cost analysis Blending has learned that if the libering Deparmenate had used the weighted average method the amount cosis transferred in to Pering would we been $10.340 in the beginning work in process and $149.600 for the amount astered in this month Required Prepare a production cost report for Pune for the Bleeding Department R-56. Prepare a Production Cost Report: FIFO Method Refer to the data in Problem 8-55. The Blending Department the FIFO method of process ceeding. The Filering Department of Fire we the weighidrage method of process cooling, The cast aralyd in Blencing has .cond that if the Filtering Department at Firehoused the FIFO method, the amount of cox transferred in from Filtering would have been $11.70 in the begir- ting work in process and for the entered in this meth Required Prepare a production card reporter June for the Blending Departmenl. 8-57. Prepare a Production Cow Huport and Adjust Inventory Balances: Weigheder Method The recent of Frentel Corporatie's initial and a cow the following etaling | 0 - 5 (LO S-3, 4) excel 354 Pg. 353 Aa 0 H Type here to search - w . 100% 4:44 PM 11/20/2020