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compute the total costs of the units completed and transferred out to the packaging department Read the requirements. Month Ended March 31 Physical Units Equivalent
compute the total costs of the units completed and transferred out to the packaging department
Read the requirements. Month Ended March 31 Physical Units Equivalent Units Direct Conversion Materials Costs UNITS Units to account for: Beginning work-in-process Started in production 600 9,300 Total units to account for 9.900 Units accounted for: Completed and transferred out Ending work-in-process 4,800 5.100 4.800 5,100 4,800 4,080 Total units accounted for 9,900 9,900 8,880 Requirement 2. Compute the total costs of the units (gallons) (a) completed and transferred out to the Packaging Departme Complete the Production Cost Report that you began in Requirement 1 by calculating the costs per equivalent unit in this ste the nearest cent and all other amounts to the nearest dollar. Abbreviation used: EUP equivalent units of production) Smith Winery Production Cost Report - Fermenting Department (Partial) Month Ended March 31 Direct Conversion COSTS Materials Costs Costs to account for: Beginning work-in-process Costs added during the period 9828 Total costs to account for Total Costs Cost per equivalent unit u Pandy lyn Department are as follows: Units Conversion Costs i Data Table 600 gallons 9,300 gallons 4,800 gallons 5,100 gallons 4,800 4,080 8,880 Gallons Beginning Work-in-Process Inventory Started in production Completed and transferred out to Packaging in March Ending Work-in-Process Inventory (80% of the way through the fermenting process) Costs Beginning Work-in-Process Inventory: Direct materials Direct labor Manufacturing overhead allocated Costs added during March: Direct materials Direct labor Manufacturing overhead allocated Total costs added during March $ 1,062 and transferred out to the Pack culating the costs per equivale d: EUP = equivalent units of pd 170 180 ut and of units in ending Partial) 9,828 2,743 4,899 Conversion Costs Total Costs $ 17,470 Print Done Step by Step Solution
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