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The Blending Department for Nevland Paints started October with 900 gallons in process and started in production 9,400 gallons During the month, 6,900 gallons
The Blending Department for Nevland Paints started October with 900 gallons in process and started in production 9,400 gallons During the month, 6,900 gallons were completed and transferred to the next department. Ending work-in-process was 3,400 gallons (100% complete with respect to direct materials and 10% complete for conversion costs). The department uses the weighted-average method. The Blending Department incurred the following costs (Click the icon to view the costs.) 7. Prepare a production cost report for the Blending Department for the month of October. (Enter cost per equivalent units to the nearest cent. Abbreviations: EUP = Equivalent Units of Production) UNITS Units to account for: Beginning work-in-process Started in production Total units to account for Units accounted for: Completed and transferred out Ending work-in-process Total units accounted for COSTS Costs to account for Beginning work-in-process Costs added during the period Total costs to account for Divided by: Total EUP Cost per equivalent unit Costs accounted for Completed and transferred out Ending work-in-process TntRI accounted for Units 900 9,400 10,300 6,900 3,400 10,300 Materials 6,900 3,400 10,300 Direct Materials 364 5,610 5,974 10,300 0.58 4,002 1,972 5,974 Costs 6,900 340 7,240 Conversion Costs 1,530 3,900 5,430 7,240 0.75 5,175 255 5,430 Data table Beginning WIPDirect material costs Beginning WIPConversion costs Direct materials added during the month Conversion costs added during the month s 364 1,530 5,610 3,900 11,404 Total Costs 1,894 9,510 11,404 9,177 2,227 11,404 Total print Done
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