guys please help me out with the requirments
E5-27A (similar to) Question Help Crafty Paint prepares and packages paint products. The company has two departments: (1) Blending and (2) Packaging Direct materials are added at the beginning of the blending process (dyes) and at the end of the packaging process (cans). Conversion costs are added evenly throughout each process. Data from the month of August for the Blending Department are as follows: Click the icon to view the data from August.) (Click the icon to view the assignment of costs.) Read the requirements Requirement 1. Prepare the journal entry to record the use of direct materials and direct labor and the allocation of manufacturing overhead to the Blending Department. Also give the journal entry to record the costs of the gallons completed and transferred out to the Packaging Department. Assume the wages are unpaid Begin by preparing the journal entry to record the costs to the Blonding Department (Record debits first, then credits. Exclude explanations from any journal entries.) * Requirements - X 1. Prepare the journal entry to record the use of direct materials and direct labor and the allocation of manufacturing overhead to the Blending Department Also, give the journal entry to record the costs of the gallons completed and transferred out to the Packaging Department Assume the wages are unpaid. 2. Post the journal entries to the "Work in Process Inventory-Blending" T-account. What is the ending balance? Print Done ? Choose from any list or enter any number in the input Tields and then click Check Answer Clear All Check Answer 2 parts remaining a e BI O Type here to search milar to) th ares & evenly on to v 0 Reference -X ements Crafty Paint Blending Department Assigning Costs Prepa g Depa ndir Ting the Jurn Direct Conversion Materials Costs Total 6,200 0.65 $ 6,200 0.40 $ $ 4,030 S 2,480 $ 6,510 a. Completed and transferred out: Equivalent units completed and transferred out Multiplied by Cost per equivalent unit Costs assigned to units completed and transferred out b. Ending work in process: Equivalent units in ending work in process, August 31 Multiplied by Cost per equivalent unit Costs assigned to units in ending work in process, August 31 2,200 0.65 $ 880 0.40 $ $ 1,430 $ 1.782 352 $ 8,292 Total costs accounted for Print Done any list Clear All 9 a Type here to search ocess pa gu ta i Data Table Gallons journal Isa 8,400 gallons artri Beginning work in process inventory Started production Completed and transferred out to Packaging in August Ending work in process inventory (40% of the way through the blending process) Costs 6,200 gallons 2,200 gallons $ 0 Beginning work in process inventory Costs added during August: Direct materials (dyes) Direct labor 5,460 920 1,912 Manufacturing overhead 8,292 Total costs added during August Print Done click Clear All a E5-27A (similar to) Crafty Paint prepares and packages paint products. The company has two departments: (1) Blending and (2) Packaging Direct mat costs are added evenly throughout each process. Data from the month of August for the Blending Department are as follows: 2 (Click the icon to view the data from August.) (Click the icon to view the assignment of costs.) Read the requirements Requirement 1. Prepare the journal entry to record the use of direct materials and direct labor and the allocation of manufacturing om to the Packaging Department. Assume the wages are unpaid Begin by preparing the journal entry to record the costs to the Blending Department. (Record debits first, then credits. Exclude explan Journal Entry Date Accounts Debit Credit Manufacturing Overhead Raw Materials Inventory Wages Payable Work in Process Inventory--Blending Work in Process Inventory-Packaging Choose from any list or enter any number in the input fields and then click Check Answer 2 parts Clear All remaining Type here to search o a
