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Dengo Co. makes a trail mix in two departments:roasting and blending. Direct materials are added at the beginning of each process, and conversion... 1 Required
Dengo Co. makes a trail mix in two departments:roasting and blending. Direct materials are added at the beginning of each process, and conversion...
1 Required Information The following information applies to the questions displayed below] Part 1 of 2 Dengo Co. makes a trail mix in two departments: roasting and blending, Direct materials are added at the beginning of each process, and conversion costs are added evenly throughout each process. The company uses the FIFO method of process costing. During October, the roasting department completed and transferred 22 200 units to the blending department of the units completed, 3.000 were from beginning inventory and the remaining 19,200 were started and completed during the month. Beginning work in process was 100% complete with respect to direct materials and 40% complete with respect to conversion. The company has 2400 units (100% complete with respect to direct materials and 80% complete with respect to conversioni in process at month-end. Information on the roasting department's costs of beginning work in process inventory and costs added during the month follows. Print Cost Beginning work in process inventory Added during the month Direct Materials Conversion $ 9,900 $ 11,970 248,429 1,082, 970 1 Required: 1. Prepare the roasting department's process cost summary for October using the FIFO method. (Round Cost per EUP" to 2 decimal places.) Part 1 of 2 Total costs to account for cost of beginning work in process Costs incurred this period Total costs to account for $ 0 0 print Unit reconciliation Units to account for: Beginning work in process inventory - units Units started this period Total units to account for Total units accounted for Units completed and transferred out Ending work in process units Total units accounted for FIFO method Total units accounted for Equivalent units of production (EUP-FIFO method Units EUP. Malo 0 0 0 Materials Conversion Units completed and transferred out Ending work in process - units Total units Cost per equivalent unit of production Cost of beginning work in process Total costs - Equivalent units of production Cost per equivalent unit of production (rounded to 2 decimals) Costs Costs EUP 0 EUP 0 0 Total costs accounted for Beginning Inventory Cost: EUP Cost to complete beginning inventory Total cost Cost per EUP Direct materials Conversion Total cost to complete beginning inventory Total cost of units in beginning inventory EUP Cost per EUP Total cost Cost of units started and completed $ 0 $ 0.00 Direct materials Conversion Total cost of units started and completed Total cost of units transferred out EUP Cost per EUP Total cost Cost of ending work in process 9 0.00 0 Direct materials 0.00 Conversion Total of ending work in process Costs accounted for Step by Step Solution
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