Homework: HW 5 - Chapter 5 Say Score: 2.14 of 6 pts 5 of 7 (5 complete) HW Score: 53.46%, 24.06 of 45 p %E5-33A (similar to) Question Help Anderson Winery in Newton, Massachusetts has two departments Fermenting and Packaging Direct materials are added at the beginning of the fermenting process (grapes) and at the end of the packaging process (bottles). Conversion costs are added evenly throughout each process Data from the month of March for the Fermenting Department are as follows Click the icon to view the data from March Read the requirements Requirement 1. Fill in the time line for the Fermenting Department ug pllo i Requirements X epal 5 gho 1. Fill in the time line for the Fermenting Department 2. Summarize the flow of physical units and compute the total equivalent units. 3. Summarize total costs to account for and compute the cost per equivalent unit for direct materials and conversion costs 4. Assign total costs to units (gallons) a. Completed and transferred out to the Packaging Department b. In the Fermenting Department ending work in process inventory 5. What is the average cost per gallon transferred out of Fermenting into Packaging? Why would the company's managers want to know this cost? Print Done ut fiell Requirement 1. Fill in the time line for the Fermenting Department Conversion costs added evenly throughout the process Start 80% Complete 100% Complete Direct materials (grapes) added Transferred out to Packaging 6,550 gallons completed and transferred out 1.600 gallons incomplete Requirement ? Summam thn flo (Click the icon to view the data from March.) Read the requirements. Requirement 2. Summarize the flow of physical units and compute the total equivalent units. Fermenting Department Equivalent Unit Computation Month Ended March 31 Flow of Equivalent Units Physical Direct Conversion Flow of Production Units Materials Costs Units to account for: 2 700 Beginning work in process, March 1 Plus Started in production during March 5.450 8150 Total physical units to account for Choose from any list or enter any number in the input fields and then click Check Answer parts remaining Read the requirements. "WL Prvi Units accounted for: Completed and transferred out 6.550 6 550 6,550 1,600 1.600 1.280 Plus: Ending work in process, March 31 Total physical units accounted for 8,150 Total equivalent units 8.150 7,830 Read the requirements Requirement 3. Summarize total costs to account for and compute the cost per equivalent unit for direct materials and conversion costs (Enter the cost per equivalent unit to the nearest cent) Fermenting Department Cost per Equivalent Unit Month Ended March 31 Direct Conversion Materials Costs Total Beginning work in process Plus Costs added during March Equivalent units Multiplied by Total equivalent units Cost per equivalent unit Choose from any list or enter any number in the input fields and then click Check Answer Check A parts Clear All Homework: HW 5 - Chapter 5 Say Score: 2.14 of 6 pts 5 of 7 (5 complete) HW Score: 53.46%, 24.06 of 45 p %E5-33A (similar to) Question Help Anderson Winery in Newton, Massachusetts has two departments Fermenting and Packaging Direct materials are added at the beginning of the fermenting process (grapes) and at the end of the packaging process (bottles). Conversion costs are added evenly throughout each process Data from the month of March for the Fermenting Department are as follows Click the icon to view the data from March Read the requirements Requirement 1. Fill in the time line for the Fermenting Department ug pllo i Requirements X epal 5 gho 1. Fill in the time line for the Fermenting Department 2. Summarize the flow of physical units and compute the total equivalent units. 3. Summarize total costs to account for and compute the cost per equivalent unit for direct materials and conversion costs 4. Assign total costs to units (gallons) a. Completed and transferred out to the Packaging Department b. In the Fermenting Department ending work in process inventory 5. What is the average cost per gallon transferred out of Fermenting into Packaging? Why would the company's managers want to know this cost? Print Done ut fiell Requirement 1. Fill in the time line for the Fermenting Department Conversion costs added evenly throughout the process Start 80% Complete 100% Complete Direct materials (grapes) added Transferred out to Packaging 6,550 gallons completed and transferred out 1.600 gallons incomplete Requirement ? Summam thn flo (Click the icon to view the data from March.) Read the requirements. Requirement 2. Summarize the flow of physical units and compute the total equivalent units. Fermenting Department Equivalent Unit Computation Month Ended March 31 Flow of Equivalent Units Physical Direct Conversion Flow of Production Units Materials Costs Units to account for: 2 700 Beginning work in process, March 1 Plus Started in production during March 5.450 8150 Total physical units to account for Choose from any list or enter any number in the input fields and then click Check Answer parts remaining Read the requirements. "WL Prvi Units accounted for: Completed and transferred out 6.550 6 550 6,550 1,600 1.600 1.280 Plus: Ending work in process, March 31 Total physical units accounted for 8,150 Total equivalent units 8.150 7,830 Read the requirements Requirement 3. Summarize total costs to account for and compute the cost per equivalent unit for direct materials and conversion costs (Enter the cost per equivalent unit to the nearest cent) Fermenting Department Cost per Equivalent Unit Month Ended March 31 Direct Conversion Materials Costs Total Beginning work in process Plus Costs added during March Equivalent units Multiplied by Total equivalent units Cost per equivalent unit Choose from any list or enter any number in the input fields and then click Check Answer Check A parts Clear All