Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are available for one department for October Work in process, October 1 Work in process, October 31 Percent Completed Units Materials Conversion 30,000 65% 30$ 15,000 803 40% The department started 175,000 units into production during the month and transferred 190,000 completed units to the next department. Required: Compute the equivalent units of production for October Materials Conversion Equivalent units of production Superior Micro Products uses the weighted-average method in its process costing system. Data for the Assembly Department for May appear below: Work in process, May 1 Cost added during May Equivalent units of production Materials Labor $ 18,000 $5,500 $ 238,900 $ 80,300 35,000 33,000 Overhead $ 27,500 $ 401,500 33,000 Required: Compute the cost per equivalent unit for materials, labor, overhead, and in total. (Round your answers to 2 decimal places.) Materials Labor Overhead Total Cost per equivalent unit Data concerning a recent period's activity in the Prep Department, the first processing department in a company that uses process costing, appear below: Equivalent units in ending work in process inventory Cost per equivalent unit Materials 2,000 $ 13.86 Conversion 800 $ 4.43 A total of 20,100 units were completed and transferred to the next processing department during the period. Required: 1. Compute the cost of ending work in process inventory for materials, conversion, and in total. 2. Compute the cost of the units completed and transferred out for materials, conversion, and in total. Materials Conversion Total 1 Cost of ending work in process inventory Cost of units transferred out 2 Maria Am Corporation uses the weighted average method in its process costing system. The Baking Department is one of the processing departments in its strudel manufacturing facility. In June in the Baking Department, the cost of beginning work in process inventory was $3,570, the cost of ending work in process inventory was $2,860, and the cost added to production was $43,120. Required: Prepare a cost reconciliation report for the Baking Department for June. Baking Department Cost Reconciliation Costs to be accounted for: Total cost to be accounted for Costs accounted for as follows: Total cost accounted for Jarvene Corporation uses the FIFO method in its process costing system. The following data are for the most recent month of operations in one of the company's processing departments: Units in beginning inventory Units started into production Units in ending inventory Units transferred to the next department 400 3,000 300 3,100 Percentage completion of beginning inventory Percentage completion of ending inventory Materials 80$ 703 Conversion 403 60% The cost of beginning inventory according to the company's costing system was $11,040 of which $8,120 was for materials and the remainder was for conversion cost. The costs added during the month amounted to $132,730. The costs per equivalent unit for the month were: Cost per equivalent unit Materials Conversion $ 25.40 $ 18.20 Required: 1. Compute the total cost per equivalent unit for the month. 2. Compute the equivalent units of material and conversion in the ending inventory. 3. Compute the equivalent units of material and conversion that were required to complete the beginning inventory. 4. Compute the number of units started and completed during the month. 5. Compute the cost of ending work in process inventory for materials, conversion, and in total for the month. 6. Compute the cost of the units transferred to the next department for materials, conversion, and in total for the month. Complete this question by entering your answers in the tabs below. Compute the total cost per equivalent unit for the month. (Round your answer to 2 decimal places.) Total cost per equivalent unit Compute the equivalent units of material and conversion in the ending inventory. Materials Conversion Equivalent units Compute the equivalent units of material and conversion that were required to complete the beginning inventory. Materials Conversion Equivalent units Compute the number of units started and completed during the month. Number of units started and completed Compute the cost of ending work in process inventory for materials, conversion, and in total for the month. (Round your intermediate calculations to 2 decimal places.) Materials Conversion Total Cost of ending work in process inventory Compute the cost of the units transferred to the next department for materials, conversion, and in total for the month. (Round your intermediate calculations to 2 decimal places.) Materials Conversion Total Total cost of units transferred out Superior Micro Products uses the weighted average method in its process costing system. During January, the Delta Assembly Department completed its processing of 25,000 units and transferred them to the next department. The cost of beginning work in process inventory and the costs added during January amounted to $599,780 in total. The ending work in process inventory in January consisted of 3,000 units, which were 80% complete with respect to materials and 60% complete with respect to labor and overhead. The costs per equivalent unit for the month were as follows: Materials Labor $ 12.50 $ 3.20 Overhead $ 6.40 Cost per equivalent unit Required: 1. Compute the equivalent units of materials, labor, and overhead in the ending work in process inventory for the month. 2. Compute the cost of ending work in process inventory for materials, labor, overhead, and in total for January. 3. Compute the cost of the units transferred to the next department for materials, labor, overhead, and in total for January 4. Prepare a cost reconciliation for January. (Note: You will not be able to break the cost to be accounted for into the cost of beginning work in process inventory and costs added during the month.) Complete this question by entering your answers in the tabs below. Compute the equivalent units of materials, labor, and overhead in the ending work in process inventory for the month. Materials Labor Overhead Equivalent units Compute the cost of ending work in process inventory for materials, labor, overhead, and in total for January. Materials Labor Overhead Total Cost of ending work in process inventory Compute the cost of the units transferred to the next department for materials, labor, overhead, and in total for January. Materials Labor Overhead Total Cost of units completed and transferred out Prepare a cost reconciliation for January. Cost Reconciliation Total cost to be accounted for Costs accounted for as follows: Total cost accounted for Old Country Links, Inc., produces sausages in three production departmentsMixing, Casing and Curing, and Packaging. In the Mixing Department, meats are prepared and ground and then mixed with spices. The spiced meat mixture is then transferred to the Casing and Curing Department, where the mixture is force-fed into casings and then hung and cured in climate-controlled smoking chambers. In the Packaging Department, the cured sausages are sorted, packed, and labeled. The company uses the weighted average method in its process costing system. Data for September for the Casing and Curing Department follow: Work in process inventory, September 1 Work in process inventory, September 30 Percent Completed Units Mixing Materials Conversion 100% 90 % 80$ 100% 80% 703 1 Work in process inventory, September 1 Cost added during September Mixing Materials Conversion $ 1,670 $ 90 6 605 $ 81,460 $ 6,006 $42, 490 Mixing cost represents the costs of the spiced meat mixture transferred in from the Mixing Department. The spiced meat mixture is processed in the Casing and Curing Department in batches; each unit in the above table is a batch and one batch of spiced meat mixture produces a set amount of sausages that are passed on to the Packaging Department. During September, 50 batches (i.e., units) were completed and transferred to the Packaging Department. Required: 1. Determine the Casing and Curing Department's equivalent units of production for mixing, materials, and conversion for the month of September 2. Compute the Casing and Curing Department's cost per equivalent unit for mixing, materials, and conversion for the month of September. 3. Compute the Casing and Curing Department's cost of ending work in process inventory for mixing, materials, conversion, and in total for September 4. Compute the Casing and Curing Department's cost of units transferred out to the Packaging Department for mixing, materials, conversion, and in total for September. 5. Prepare a cost reconciliation report for the Casing and Curing Department for September. Determine the Casing and Curing Department's equivalent units of production for mixing, materials, and conversion for the month of September. (Round your intermediate calculations and final answers to 1 decimal place.) Mixing Materials Conversion Equivalent units of production Compute the Casing and Curing Department's cost per equivalent unit for mixing, materials, and conversion for the month of September. (Round your intermediate calculations to 1 decimal place.) Mixing Materials Conversion Cost per equivalent unit Compute the Casing and Curing Department's cost of ending work in process inventory for mixing, materials, conversion, and in total for September. (Round your intermediate calculations to 1 decimal place.) Mixing Materials Conversion Total Cost of ending work in process inventory Compute the Casing and Curing Department's cost of units transferred out to the Packaging Department for mixing, materials, conversion, and in total for September. (Round your intermediate calculations to 1 decimal place.) Mixing Materials Conversion Total Cost of units transferred out Prepare a cost reconciliation report for the Casing and Curing Department for September. (Round your intermediate calculations to 1 decimal place.) Casing and Curing Department Cost Reconciliation Costs to be accounted for: Total cost to be accounted for Costs accounted for as follows: * M W Total cost accounted for Selzik Company makes super-premium cake mixes that go through two processing departmentsBlending and Packaging. The following activity was recorded in the Blending Department during July: 10,000 170,000 20,000 Production data: Units in process, July 1 (materials 100% complete; conversion 30% complete) Units started into production Units in process, July 31 (material: 100% complete; conversion 40% complete) Cost data: Work in process inventory, July 1: Materials cost Conversion cost Cost added during the month: Materials cost Conversion cost 10 8,500 4,900 $ $ 139, 400 $ 244,200 All materials are added at the beginning of work in the Blending Department. The company uses the FIFO method in its process costing system. Required: 1. Calculate the Blending Department's equivalent units of production for materials and conversion for July. 2. Calculate the Blending Department's cost per equivalent unit for materials and conversion for July. 3. Calculate the Blending Department's cost of ending work in process inventory for materials, conversion, and in total for July. 4. Calculate the Blending Department's cost of units transferred out to the next department for materials, conversion, and in total for July 5. Prepare a cost reconciliation report for the Blending Department for July. Complete this question by entering your answers in the tabs below. Calculate the Blending Department's equivalent units of production for materials and conversion for July. Materials Conversion Equivalent units of production Calculate the Blending Department's cost per equivalent unit for materials and conversion for July. (Round your answers to 2 decimal places.) Materials Conversion Cost per equivalent unit Calculate the Blending Department's cost of ending work in process inventory for materials, conversion, and in total for July. (Round your intermediate calculations to 2 decimal places.) Materials Conversion Total Cost of ending work in process inventory Calculate the Blending Department's cost of units transferred out to the next department for materials, conversion, and in total for July. (Round your intermediate calculations to 2 decimal places.) Materials Conversion Total Cost of units transferred out Prepare a cost reconciliation decimal places.) for the Blending Department for July. (Round your intermediate calculations to 2 Blending Department Cost Reconciliation Posts to be accounted for: Total cost to be accounted for Costs accounted for as follows: Total cost accounted for Sunspot Beverages, Ltd., of Fiji uses the FIFO method in its process costing system. It makes blended tropical fruit drinks in two stages. Fruit juices are extracted from fresh fruits and then blended in the Blending Department. The blended juices are then bottled and packed for shipping in the Bottling Department. The following information pertains to the operations of the Blending Department or June. Percent Completed Materials Conversion 75% 100% Work in process, beginning Started into production Completed and transferred out Work in process, ending Units 20,000 180,000 160,000 40,000 100% 25% Work in process, beginning Cost added during June Materials 25,200 $ 334,800 Conversion 24,800 $ 238,700 Required: Compute the Blending Department's equivalent units of production for materials and conversion for June. Compute the Blending Department's cost per equivalent unit for materials and conversion for June. 3. Calculate the Blending Department's cost of ending work in process inventory for materials, conversion, and in total for June. 1. Calculate the Blending Department's cost of units transferred out to the next department for materials, conversion, and in total for June 5. Prepare a cost reconciliation report for the Blending Department for June. Compute the Blending Department's equivalent units of production for materials and conversion for June. Materials Conversion Equivalent units of production Compute the Blending Department's cost per equivalent unit for materials and conversion for June. (Round your answer to 2 decimal places.) Materials Conversion Cost per equivalent unit Calculate the Blending Department's cost of ending work in process inventory for materials, conversion, and in total for June. (Round your intermediate calculations to 2 decimal places.) Materials Conversion Total Cost of ending work in process inventory Calculate the Blending Department's cost of units transferred out to the next department for materials, conversion, and in total for June. (Round your intermediate calculations to 2 decimal places.) Materials Conversion Total Cost of units transferred out Prepare a cost reconciliation report for the Blending Department for June. (Round your intermediate calculations to 2 decimal places.) Baking Department Cost Reconciliation Costs to be accounted for: Total cost to be accounted for Costs accounted for as follows: Total cost accounted for Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are available for one department for October Work in process, October 1 Work in process, October 31 Percent Completed Units Materials Conversion 30,000 65% 30$ 15,000 803 40% The department started 175,000 units into production during the month and transferred 190,000 completed units to the next department. Required: Compute the equivalent units of production for October Materials Conversion Equivalent units of production Superior Micro Products uses the weighted-average method in its process costing system. Data for the Assembly Department for May appear below: Work in process, May 1 Cost added during May Equivalent units of production Materials Labor $ 18,000 $5,500 $ 238,900 $ 80,300 35,000 33,000 Overhead $ 27,500 $ 401,500 33,000 Required: Compute the cost per equivalent unit for materials, labor, overhead, and in total. (Round your answers to 2 decimal places.) Materials Labor Overhead Total Cost per equivalent unit Data concerning a recent period's activity in the Prep Department, the first processing department in a company that uses process costing, appear below: Equivalent units in ending work in process inventory Cost per equivalent unit Materials 2,000 $ 13.86 Conversion 800 $ 4.43 A total of 20,100 units were completed and transferred to the next processing department during the period. Required: 1. Compute the cost of ending work in process inventory for materials, conversion, and in total. 2. Compute the cost of the units completed and transferred out for materials, conversion, and in total. Materials Conversion Total 1 Cost of ending work in process inventory Cost of units transferred out 2 Maria Am Corporation uses the weighted average method in its process costing system. The Baking Department is one of the processing departments in its strudel manufacturing facility. In June in the Baking Department, the cost of beginning work in process inventory was $3,570, the cost of ending work in process inventory was $2,860, and the cost added to production was $43,120. Required: Prepare a cost reconciliation report for the Baking Department for June. Baking Department Cost Reconciliation Costs to be accounted for: Total cost to be accounted for Costs accounted for as follows: Total cost accounted for Jarvene Corporation uses the FIFO method in its process costing system. The following data are for the most recent month of operations in one of the company's processing departments: Units in beginning inventory Units started into production Units in ending inventory Units transferred to the next department 400 3,000 300 3,100 Percentage completion of beginning inventory Percentage completion of ending inventory Materials 80$ 703 Conversion 403 60% The cost of beginning inventory according to the company's costing system was $11,040 of which $8,120 was for materials and the remainder was for conversion cost. The costs added during the month amounted to $132,730. The costs per equivalent unit for the month were: Cost per equivalent unit Materials Conversion $ 25.40 $ 18.20 Required: 1. Compute the total cost per equivalent unit for the month. 2. Compute the equivalent units of material and conversion in the ending inventory. 3. Compute the equivalent units of material and conversion that were required to complete the beginning inventory. 4. Compute the number of units started and completed during the month. 5. Compute the cost of ending work in process inventory for materials, conversion, and in total for the month. 6. Compute the cost of the units transferred to the next department for materials, conversion, and in total for the month. Complete this question by entering your answers in the tabs below. Compute the total cost per equivalent unit for the month. (Round your answer to 2 decimal places.) Total cost per equivalent unit Compute the equivalent units of material and conversion in the ending inventory. Materials Conversion Equivalent units Compute the equivalent units of material and conversion that were required to complete the beginning inventory. Materials Conversion Equivalent units Compute the number of units started and completed during the month. Number of units started and completed Compute the cost of ending work in process inventory for materials, conversion, and in total for the month. (Round your intermediate calculations to 2 decimal places.) Materials Conversion Total Cost of ending work in process inventory Compute the cost of the units transferred to the next department for materials, conversion, and in total for the month. (Round your intermediate calculations to 2 decimal places.) Materials Conversion Total Total cost of units transferred out Superior Micro Products uses the weighted average method in its process costing system. During January, the Delta Assembly Department completed its processing of 25,000 units and transferred them to the next department. The cost of beginning work in process inventory and the costs added during January amounted to $599,780 in total. The ending work in process inventory in January consisted of 3,000 units, which were 80% complete with respect to materials and 60% complete with respect to labor and overhead. The costs per equivalent unit for the month were as follows: Materials Labor $ 12.50 $ 3.20 Overhead $ 6.40 Cost per equivalent unit Required: 1. Compute the equivalent units of materials, labor, and overhead in the ending work in process inventory for the month. 2. Compute the cost of ending work in process inventory for materials, labor, overhead, and in total for January. 3. Compute the cost of the units transferred to the next department for materials, labor, overhead, and in total for January 4. Prepare a cost reconciliation for January. (Note: You will not be able to break the cost to be accounted for into the cost of beginning work in process inventory and costs added during the month.) Complete this question by entering your answers in the tabs below. Compute the equivalent units of materials, labor, and overhead in the ending work in process inventory for the month. Materials Labor Overhead Equivalent units Compute the cost of ending work in process inventory for materials, labor, overhead, and in total for January. Materials Labor Overhead Total Cost of ending work in process inventory Compute the cost of the units transferred to the next department for materials, labor, overhead, and in total for January. Materials Labor Overhead Total Cost of units completed and transferred out Prepare a cost reconciliation for January. Cost Reconciliation Total cost to be accounted for Costs accounted for as follows: Total cost accounted for Old Country Links, Inc., produces sausages in three production departmentsMixing, Casing and Curing, and Packaging. In the Mixing Department, meats are prepared and ground and then mixed with spices. The spiced meat mixture is then transferred to the Casing and Curing Department, where the mixture is force-fed into casings and then hung and cured in climate-controlled smoking chambers. In the Packaging Department, the cured sausages are sorted, packed, and labeled. The company uses the weighted average method in its process costing system. Data for September for the Casing and Curing Department follow: Work in process inventory, September 1 Work in process inventory, September 30 Percent Completed Units Mixing Materials Conversion 100% 90 % 80$ 100% 80% 703 1 Work in process inventory, September 1 Cost added during September Mixing Materials Conversion $ 1,670 $ 90 6 605 $ 81,460 $ 6,006 $42, 490 Mixing cost represents the costs of the spiced meat mixture transferred in from the Mixing Department. The spiced meat mixture is processed in the Casing and Curing Department in batches; each unit in the above table is a batch and one batch of spiced meat mixture produces a set amount of sausages that are passed on to the Packaging Department. During September, 50 batches (i.e., units) were completed and transferred to the Packaging Department. Required: 1. Determine the Casing and Curing Department's equivalent units of production for mixing, materials, and conversion for the month of September 2. Compute the Casing and Curing Department's cost per equivalent unit for mixing, materials, and conversion for the month of September. 3. Compute the Casing and Curing Department's cost of ending work in process inventory for mixing, materials, conversion, and in total for September 4. Compute the Casing and Curing Department's cost of units transferred out to the Packaging Department for mixing, materials, conversion, and in total for September. 5. Prepare a cost reconciliation report for the Casing and Curing Department for September. Determine the Casing and Curing Department's equivalent units of production for mixing, materials, and conversion for the month of September. (Round your intermediate calculations and final answers to 1 decimal place.) Mixing Materials Conversion Equivalent units of production Compute the Casing and Curing Department's cost per equivalent unit for mixing, materials, and conversion for the month of September. (Round your intermediate calculations to 1 decimal place.) Mixing Materials Conversion Cost per equivalent unit Compute the Casing and Curing Department's cost of ending work in process inventory for mixing, materials, conversion, and in total for September. (Round your intermediate calculations to 1 decimal place.) Mixing Materials Conversion Total Cost of ending work in process inventory Compute the Casing and Curing Department's cost of units transferred out to the Packaging Department for mixing, materials, conversion, and in total for September. (Round your intermediate calculations to 1 decimal place.) Mixing Materials Conversion Total Cost of units transferred out Prepare a cost reconciliation report for the Casing and Curing Department for September. (Round your intermediate calculations to 1 decimal place.) Casing and Curing Department Cost Reconciliation Costs to be accounted for: Total cost to be accounted for Costs accounted for as follows: * M W Total cost accounted for Selzik Company makes super-premium cake mixes that go through two processing departmentsBlending and Packaging. The following activity was recorded in the Blending Department during July: 10,000 170,000 20,000 Production data: Units in process, July 1 (materials 100% complete; conversion 30% complete) Units started into production Units in process, July 31 (material: 100% complete; conversion 40% complete) Cost data: Work in process inventory, July 1: Materials cost Conversion cost Cost added during the month: Materials cost Conversion cost 10 8,500 4,900 $ $ 139, 400 $ 244,200 All materials are added at the beginning of work in the Blending Department. The company uses the FIFO method in its process costing system. Required: 1. Calculate the Blending Department's equivalent units of production for materials and conversion for July. 2. Calculate the Blending Department's cost per equivalent unit for materials and conversion for July. 3. Calculate the Blending Department's cost of ending work in process inventory for materials, conversion, and in total for July. 4. Calculate the Blending Department's cost of units transferred out to the next department for materials, conversion, and in total for July 5. Prepare a cost reconciliation report for the Blending Department for July. Complete this question by entering your answers in the tabs below. Calculate the Blending Department's equivalent units of production for materials and conversion for July. Materials Conversion Equivalent units of production Calculate the Blending Department's cost per equivalent unit for materials and conversion for July. (Round your answers to 2 decimal places.) Materials Conversion Cost per equivalent unit Calculate the Blending Department's cost of ending work in process inventory for materials, conversion, and in total for July. (Round your intermediate calculations to 2 decimal places.) Materials Conversion Total Cost of ending work in process inventory Calculate the Blending Department's cost of units transferred out to the next department for materials, conversion, and in total for July. (Round your intermediate calculations to 2 decimal places.) Materials Conversion Total Cost of units transferred out Prepare a cost reconciliation decimal places.) for the Blending Department for July. (Round your intermediate calculations to 2 Blending Department Cost Reconciliation Posts to be accounted for: Total cost to be accounted for Costs accounted for as follows: Total cost accounted for Sunspot Beverages, Ltd., of Fiji uses the FIFO method in its process costing system. It makes blended tropical fruit drinks in two stages. Fruit juices are extracted from fresh fruits and then blended in the Blending Department. The blended juices are then bottled and packed for shipping in the Bottling Department. The following information pertains to the operations of the Blending Department or June. Percent Completed Materials Conversion 75% 100% Work in process, beginning Started into production Completed and transferred out Work in process, ending Units 20,000 180,000 160,000 40,000 100% 25% Work in process, beginning Cost added during June Materials 25,200 $ 334,800 Conversion 24,800 $ 238,700 Required: Compute the Blending Department's equivalent units of production for materials and conversion for June. Compute the Blending Department's cost per equivalent unit for materials and conversion for June. 3. Calculate the Blending Department's cost of ending work in process inventory for materials, conversion, and in total for June. 1. Calculate the Blending Department's cost of units transferred out to the next department for materials, conversion, and in total for June 5. Prepare a cost reconciliation report for the Blending Department for June. Compute the Blending Department's equivalent units of production for materials and conversion for June. Materials Conversion Equivalent units of production Compute the Blending Department's cost per equivalent unit for materials and conversion for June. (Round your answer to 2 decimal places.) Materials Conversion Cost per equivalent unit Calculate the Blending Department's cost of ending work in process inventory for materials, conversion, and in total for June. (Round your intermediate calculations to 2 decimal places.) Materials Conversion Total Cost of ending work in process inventory Calculate the Blending Department's cost of units transferred out to the next department for materials, conversion, and in total for June. (Round your intermediate calculations to 2 decimal places.) Materials Conversion Total Cost of units transferred out Prepare a cost reconciliation report for the Blending Department for June. (Round your intermediate calculations to 2 decimal places.) Baking Department Cost Reconciliation Costs to be accounted for: Total cost to be accounted for Costs accounted for as follows: Total cost accounted for