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How do you get the ending work in progress for the conversion costs? Also any corrections to the table? Thanks! ba Data Table da BI
How do you get the ending work in progress for the conversion costs? Also any corrections to the table? Thanks!
ba Data Table da BI O gallons 8,500 gallons 6,500 gallons 2,000 gallons si Gallons Beginning Work-in-Process Inventory Started in production Completed and transferred out to Packaging in May Ending Work-in-Process Inventory (30% of the way through the blending process) Costs Beginning Work-in-Process Inventory Costs added during May: Direct materials Direct labor Manufacturing overhead allocated Total costs added during May 0 5,525 1,500 2,547 $ 9,572 Print Done ar o E18-21 (book/static) Question Help Color Explosion prepares and packages paint products. Color Explosion has two departments: Blending and 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. The company uses the 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. Equivalent Units Physical Direct Conversion UNITS Units Materials Costs Units to account for: Beginning work-in-process Started in production 8500 8500 Total units to account for Units accounted for: Completed and transferred out Ending work-in-process 6500 6500 6500 2000 2000 8500 8500 Total units accounted forStep by Step Solution
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