Homework: Chapter 17B Save Score: 0 of 3 pts 2 of 4 (0 complete) HW Score: 0%, 0 of 11 pts P17-41 (similar to) Question Help Cranberry Handcraft is a manufacturer of picture frames for large retailers. Every picture frame passes through two departments: the assembly department and the finishing department. This problem focuses on the assembly department. The process-costing system at Cranberry has a single direct-cost category (direct materials) and a single indirect-cost category (conversion costs). Direct materials are added when the assembly department process is 10% complete. Conversion costs are added evenly during the assembly department's process. Cranberry uses the weighted average method of process costing. Consider the following data for the assembly department in April 2017: (Click the icon to view the data.) Data Table Read the requiren Requirements Requirement 1.5 Physical Units Direct Conversion Begin by calculati (Frames Materials Costs 1. Summarize total assembly department costs for April 2017, and assign them to Work in process, April 10 $1,665 $988 units completed (and transferred out) and to units in ending work in process. Started during April 2017 490 2. What issues should a manager focus on when reviewing the equivalent units Completed during April 2017 455 calculation? Work in process, April 305 Total costs added during April 2017 $17,640 $11,856 Work in process, a Degree of completion: direct materials, 100%; conversion costs, 40%. Print Done Started during cu Degree of completion: direct materials, 100%; conversion costs, 30%. 265 95 130 T . -...-I --- Print Done Enter any number in the edit fields and then click Check Answer. 1 parts remaining Clear All Check Answer Homework: Chapter 17B Save Score: 0 of 3 pts 2 of 4 (0 complete) HW Score: 0%, 0 of 11 pts P17-41 (similar to) Question Help Cranberry Handcraft is a manufacturer of picture frames for large retailers. Every picture frame passes through two departments: the assembly department and the finishing department. This problem focuses on the assembly department. The process-costing system at Cranberry has a single direct-cost category (direct materials) and a single indirect-cost category (conversion costs). Direct materials are added when the assembly department process is 10% complete. Conversion costs are added evenly during the assembly department's process. Cranberry uses the weighted average method of process costing. Consider the following data for the assembly department in April 2017: (Click the icon to view the data.) Data Table Read the requiren Requirements Requirement 1.5 Physical Units Direct Conversion Begin by calculati (Frames Materials Costs 1. Summarize total assembly department costs for April 2017, and assign them to Work in process, April 10 $1,665 $988 units completed (and transferred out) and to units in ending work in process. Started during April 2017 490 2. What issues should a manager focus on when reviewing the equivalent units Completed during April 2017 455 calculation? Work in process, April 305 Total costs added during April 2017 $17,640 $11,856 Work in process, a Degree of completion: direct materials, 100%; conversion costs, 40%. Print Done Started during cu Degree of completion: direct materials, 100%; conversion costs, 30%. 265 95 130 T . -...-I --- Print Done Enter any number in the edit fields and then click Check Answer. 1 parts remaining Clear All Check
