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Exercise 5-11 (Algo) Comprehensive Exercise; Second Production Department-Weighted-Average Method [LO5-2, LO5-3, LO5-4, LO5-5] Scribners Corporation produces fine papers in three production departments-Pulping. Drying, and Finishing.

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Exercise 5-11 (Algo) Comprehensive Exercise; Second Production Department-Weighted-Average Method [LO5-2, LO5-3, LO5-4, LO5-5] Scribners Corporation produces fine papers in three production departments-Pulping. Drying, and Finishing. In the Pulping Department, raw materials such as wood fiber and rag cotton are mechanically and chemically treated to separate their fibers. The result is a thick slurry of fibers In the Drying Department, the wet fibers transferred from the Pulping Department are laid down on porous webs, pressed to remove excess liquid, and dried in ovens. In the Finishing Department, the dried paper is coated, cut, and spooled onto reels. The company uses the weighted-average method in its process costing system. Data for March for the Drying Department follow: No materials are added in the Orying Department. Pulping cost represents the costs of the wet fibers transferred in from the Puiping Department. Wet fiber is processed in the Drying Department in botches, each unit in the above table is a batch and one botch of we fibers produces a set amount of dried poper that is passed on to the Finishing Department Required: 1. Compute the Drying Department's equivalent units of production for pulping and conversion in March 2. Compute the Drying Department's cost per equivalent unit for pulping and converslon in March 3. Compute the Orylng Departments cost of ending workin process inventory for pulping conversion and in total for March 4 . Compute the Drying Department's cost of units transferred out to the Finishing Department for pulping conversion, and in total in Morch

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