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= Homework: CH 3 HW Question 2, EM3-21 (similar to) Part 2 of 3 Crafty Paint prepares and packages paint products. Crafty Paint has two
= Homework: CH 3 HW Question 2, EM3-21 (similar to) Part 2 of 3 Crafty Paint prepares and packages paint products. Crafty Paint has two departments: Blending and Packaging. Direct materials are added at the beginning of the blending process (dyes) and at the end of the packa weighted-average method. Data from the month of May for the Blending Department are as follows: (Click the icon to view the data from May.) Read the requirements. HW Score: 10%, 1 of 10 points Data table Units to account for: Beginning work-in-process 0 Started in production 6.600 6,600 Total units to account for Units accounted for: Completed and transferred out 4,400 4,400 4,400 Ending work-in-process 2,200 6,600 2,200 6.600 660 5,060 Total units accounted for Requirement 2. Compute the total costs of the units (gallons) (a) completed and transferred out to the Packaging Department, and (b) in the Blending Department ending Work-in-Process Inventory. Complete the Production Cost Report that you began in Requirement 1 by calculating the costs per equivalent unit in this step and then by calculating the the total cost of units completed and transferred out and of u Round the cost per equivalent unit amounts to the nearest cent and all other amounts to the nearest dollar. Abbre Crafty Paint Requirements COSTS Costs to account for: Production Cost Report - Blending Department (Partial) Month Ended May 31 Direct Materials Conversion Costs Total Costs 1. Compute the Blending Department's equivalent units of production for direct materials and for conversion costs. 2. Compute the total costs of the units (gallons) Beginning work-in-process $ Costs added during the period 0 $ 4,620 0 $ 2500 0 Total costs to account for Divided by: Total EUP Cost per equivalent unit Help me solve this Etext pages Get more help - a. completed and transferred out to the Packaging Department. b. in the Blending Department ending Work-in-Process Inventory. Print Done Gallons Beginning Work-in-Process Inventory 0 gallons Started in production 6,600 gallons Completed and transferred out to Packaging in May 4,400 gallons Ending Work-in-Process Inventory (30% of the way through the blending process) 2,200 gallons Costs Beginning Work-in-Process Inventory $ 0 Costs added during May: Direct materials Direct labor Manufacturing overhead allocated Total costs added during May Print Done 4,620 2,500 1,548 8,668 - X Save the Clear all Final check
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