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estion list Johnson Winery in Monroe, New York, has two departments: Fermenting and Packaging. Direct materials are added at the beginning of the fermenting process
estion list
Johnson Winery in Monroe, New York, has two departments: Fermenting and Packaging. Direct materials are added at the beginning of the fermenting process grapes and at the end of the
packaging process bottles Conversion costs are added evenly throughout each process. Data from the month of March for the Fermenting Department are as follows:
Click the icon to view the data from March.
Requirements
Fill in the time line for the Fermenting Department.
Summarize the flow of physical units and compute the total equivalent units.
Summarize total costs to account for and compute the cost per equivalent unit for direct materials and conversion costs.
Assign total costs to units gallons:
a Completed and transferred out to the Packaging Department
b In the Fermenting Department ending work in process inventory
What is the average cost per gallon transferred out of Fermenting into Packaging? Why would the company's managers want to know this cost?
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Data table
Johnson Winery in Monroe, New York, has two departments: Fermenting and Packaging. Direct materials are added at the beginning of the fermenting process grapes and at the end of the packaging process bottles Conversion costs are added evenly throughout each process. Data from the month of March for the Fermenting Department are as follows:
Click the icon to view the data from March.
Read the requirements.
Requirement Fill in the time line for the Fermenting Department.
estion list
Johnson Winery in Monroe, New York, has two departments: Fermenting and Packaging. Direct materials are added at the beginning of the fermenting process grapes and at the end of the
packaging process bottles Conversion costs are added evenly throughout each process. Data from the month of March for the Fermenting Department are as follows:
Click the icon to view the data from March.
Requirements
Fill in the time line for the Fermenting Department.
Summarize the flow of physical units and compute the total equivalent units.
Summarize total costs to account for and compute the cost per equivalent unit for direct materials and conversion costs.
Assign total costs to units gallons:
a Completed and transferred out to the Packaging Department
b In the Fermenting Department ending work in process inventory
What is the average cost per gallon transferred out of Fermenting into Packaging? Why would the company's managers want to know this cost?
Help me solve this
Video
Get more help
Data table
Please answer ALLL the requirements
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