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Data Continued: Requirments: What the table looks like and my answers: All the possible answers in the dropbox selection for each box: I please need

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Data Continued:

image text in transcribedRequirments:

image text in transcribedWhat the table looks like and my answers:

image text in transcribedAll the possible answers in the dropbox selection for each box:

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed

I please need help with checking my HW answers.

1. If my answers are wrong or right?

2. If they are wrong what is the right answer and why?

You Can Paint Too prepares and packages paint products. The company has two departments: (1) Blending and (2) Packaging. Direct materials are added at the beginning of the blending process (dyes) and at the end of the packaging process (cans). Conversion costs are added evenly throughout each process. Data from the month of May for the Blending Department are as follows: (Click the icon to view the data from May.) Read the requirements. Gallons: 0 8,840 gallons Beginning work in process inventory Started production Completed and transferred out to Packaging in May Ending work in process inventory (40% of the way through the blending process) Costs: 6,440 gallons 2,400 gallons 0 Beginning work in process inventory Costs added during May: Direct materials (dyes) 5,304 Direct labor 750 1470 8,840 gallons 6,440 gallons Started production Completed and transferred out to Packaging in May Ending work in process inventory (40% of the way through the blending process) Costs: 2,400 gallons $ 0 Beginning work in process inventory Costs added during May: Direct materials (dyes) 5,304 Direct labor 750 Manufacturing overhead 1,470 $ 7,524 Total costs added during May i - X Requirements 1. Fill-in the time line for the Blending Department. 2. Summarize the physical flow of units and compute total equivalent units for direct materials and for conversion costs. 3. Summarize total costs to account for and find 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 Blending Department ending work in process inventory 5. What is the average cost per gallon transferred out of the Blending Department to the Packaging Department? Why would the company's managers want to know this cost? 8,840 gallons completed and transferred out Start 0% Complete 100% Complete Direct materials (dyes) added 100% complete 6,440 gallons completed and transferred out 8,840 gallons completed and transferred out C 1 100% complete 2,400 gallons started but not finished 6,440 gallons completed and transferred out 8,840 gallons completed and transferred out Conversion costs added at 40% throughout the process Conversion costs added evenly throughout the process Direct materials (dyes) added Transferred out to Packaging ONDUSU TOIT ally urup-uuVOL ALIU LLICIT UNIUN UNCUN INCI. Start 0% v Complete 100% Complete Direct materials (dyes) a 0% 40% 60% 6 100% Direct materials (dyes) added v 100% complete Direct materials (dyes) added Transferred out to Packaging CHOOSE TOIII any urop-UUWI NISL AND LITEIT CIICA UTIEN AUSWEI. Complete 100% complete 2,400 gallons started but not finished 6,440 gallons completed and transferred out 8,840 gallons completed and transferred out Conversion costs added at 40% throughout the process Conversion costs added evenly throughout the process Direct materials (dyes) added Transferred out to Packaging 2,400 gallons started but not finished 100% complete 2,400 gallons incomplete 8,840 gallons completed and transferred out Start 0% Complete 100% Complete Direct materials (dyes) added 100% complete 2,400 gallons started but not finished 2,400 gallons incomplete 2,400 gallons incomplete o 6,440 gallons incomplete 8,840 gallons incomplete

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