Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

DBS Industries has the processing departments, Molding. Assembly, and Packaging in the Packaging Department direct materials are added at the beginning of the process This

image text in transcribed
image text in transcribed
image text in transcribed
DBS Industries has the processing departments, Molding. Assembly, and Packaging in the Packaging Department direct materials are added at the beginning of the process This period the Packaging Department started with no beginning Work in Process, added 1300 unts to processing during the period, and completed and ferred out 720 unts The department incurred direct material cost of $2.300, direct labor costs of $1300, and manufacturing and costs of $1.000 At the end of the period the units remaining in process were 100% completo for materials and 70% complete for conversion costs so this information to complete the cost of Production Report below for the Packaging Department Round to the nearest whole dollar unless otherwise specified. Do not enter dollar signs Units to account for: Beginning Work in Process Started in Production 1300 Units to Account For 1300 Units accounted for Completed & Transtoned Out 720 Ending Work In Process (011 Units Accounted of 1500 Conversion Total Materials Equivalent Units SU Units Accounted For 1300 Equivalent Units Materials Conversion Total Completed & Transferred Out 720 720 Ending Work in Process [ab] [a] Total Equivalent Units (a3) [22] Manufacturing Costs to account for $300 SDB S[61] sel sco Cost per Equivalent Unit (round to nearest cent) Manufacturing Costs Accounted For (round to whole numbers) Completed & Transferred Out sen Ending Work in Process Materials Stol Ending Work in Process Conversion sch) Cost per Equivalent Unit (round to nearest cent) Sc) sed Manufacturing Costs Accounted For: (round to whole numbers) Completed & Transferred Out Sto Ending Work in Process Materials stol Ending Work in Process Conversion sh) Total Ending Work in Process Cost SD Total Cost Accounted For $0

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Margins Of Error In Accounting

Authors: D. Myddelton

1st Edition

0230219918, 9780230219915

More Books

Students also viewed these Accounting questions

Question

Describe global employee and labor relations practices.

Answered: 1 week ago