Calculate Equivalent Units, Unit Costs, and Transferred CostsWeighted Average Method

Godfrey Manufacturing, Inc., operates a plant that produces its own regionally-marketed Spicy Steak Sauce. The sauce is produced in two processes, blending and bottling. In the Blending Department, all materials are added at the start of the process, and labor and overhead are incurred evenly throughout the process. Godfrey uses the weighted average method. The following data from the work in ProcessBlending Department account for January 2016 is missing a few items:

Work in ProcessBlending Department

January 1 inventory (5,000 gallons, 60% processed)

Direct material.. $ 12,000

Conversion costs. 5,900

Transferred to Bottling Department (60,000 gallons)............................. _______

January charges:

Direct material (61,000 gallons)............................................................. 152,500

Direct labor 73,600

Manufacturing overhead. 48,800

January 31 inventory (_________ gallons, 70% processed).................. _______

Required

Assuming Godfrey uses the weighted average method in process costing, calculate the following amounts for the Blending Department:

1. Number of units in the January 31 inventory.

2. Equivalent units for materials and conversion costs.

3. January costs per equivalent unit for materials and conversion costs.

4. Costs of the units transferred to the Bottling Department.

5. Costs of the incomplete units in the January 31 inventory.