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erial Emphasis 726 / 964 1505 Il 4G 17-40 Transferred-in costs, weighted-average and FIFO methods. Portland Pale Ale, Inc, makes a variety of specialty beers
erial Emphasis 726 / 964 1505 Il 4G 17-40 Transferred-in costs, weighted-average and FIFO methods. Portland Pale Ale, Inc, makes a variety of specialty beers at its main brewery in Oregon. Production of beer occurs in three main stages: mashing. boiling, and fermenting. Consider the fermenting department, where direct materials (bottles and other packaging) are added at the end of the process. Conversion costs are added evenly during the process. Portland Pale Ale provides the following information related to its top-selling Gypsum Ale for the fer menting department for the month of July Physical Units (Cases) 2,500 10,000 10,500 2,000 Transferred-In Costs $116,000 Direct Conversion Materials Costs s 0 S 37,500 Beginning work in process Transferred in during July from boiling department Completed during July Ending work in process, July 31 Total costs added during July Send a chat $384,000 $110,775 $152,250 22:21 The units in beginning work in process are 25% complete for conversion costs, while the units in end- ing inventory are 50% complete for conversion costs. 1. Using the weighted average method, summarize the total fermenting department costs for July, and assign costs to units completed (and transferred out) and to units in ending work in process. Rogo
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