HW Score: 40% Score: 0 of 1 pt 3 of 5 (2 complete) Question Help E5-31A (similar to) Johnson Dairy produces an organic butter that is sold by the pound. The production of the butter begins in the Chuming Department. Johnson Dairy's Data for the Chuming Department for January follows Click the icon to view the data from January.) Johnson Dary prepared the following production cost report for January for the Churning Department Click the icon to view the January production cost report) 0 Reference Read the rements Requirement 1. What ournal entry(s) would have been made during the month to record manufacturing costs? (Use Wages Payable as the credit for the direct labor costs.) (Record debits first, then credits. Exclude explanations from any journal entries.) Journal Entry Date Accounts Debit Credit Costs Johnson Dairy Churning Department Month Ended January 31 Production Cost Report us Flow of Equivalent Units Physical Direct Conversion Flow of Production Units Materials Units to account for: Beginning work in process January 1 85.000 1.600.000 Plus Started in production during January 1,685.000 Total physical units to account for Units accounted for Completed and transferred out 1 515.000 1.515,000 1,515,000 170,000 Plus Ending work in process. January 31 170 000 85,000 1,885,000 Total physical units accounted for 1085 000 1000,000 Total equivalent units Data Table 85.000 units 1.800,000 units 170,000 units Units in beginning Work in Process (WIP) inventory Units started during the month (all direct materials, including cream and salt, are added at the beginning of the churing process) Units in ending Work in Process (WIP) inventory (60% of the way through the process) Cost information is as follows WIP-Churning Department balance as of January 1: Direct material cost included in beginning VIP balance Conversion cost included in beginning WIP balance Beginning balance WP. January 1 70.350 87.000 157 350 Total Costs to Account for and Cost per Equivalent Unit Beginning work in process Plus: Costs added during January Total costs to account for Direct Conversion Materials Costs S 70,350 3 87.000 1.800.000 553,000 1.870.350 840,000 1.800.000 1,885,000 Manufacturing costs incurred during January Direct materials used Direct labor Manufacturing overhead Total manufacturing costs entered into production during January 1.800.000 13.000 540,000 Divided by: Total equivalent units Cost per equivalent unit 1.11 S 0.40 Conversion 2.353,000 Direct Materials Costs Total Print Done Assignment of total costs Completed and transferred out: Equivalent units completed and transferred out Multiplied by: Cost per equivalent unit Costs assigned to units completed and transferred out 1.515.000 1.115 1.515.000 0.40 S $ 1,881,850 $ 605,000 $ 2.287.650 170,000 1.115 85,000 0.40 S Ending work in process Equivalent units in ending work in process, January 31 Multiplied by: Cost per equivalent unit Costs assigned to units in ending work in process, January 31 Total costs accounted for 3 188,700 222.700 34.000 $ 2,510.350 Print Done Choose from any list or enter any number in the input fields and then click Check Answer 2 parts remaining Clear All Check AS Type here to search O LA 5:41 PM ES (0) ENG Score: 0 of 1 pt 3 of 5 (4 complete) HW Score: 80%, 4 of 5 pts Question Help E5-31A (similar to) Janson Dairy produces an organic butter that is sold by the pound. The production of the butter begins in the Churing Department Johnson Dairy's Data for the Churring Department for January follows BB Click the icon to view the data from January.) Johnson Dairy prepared the following production cost report for January for the Churring Department Click the icon to view the January production cost report.) Reference - X Read the requirements Requirement 1. What journal enty(s) would have been made during the month to record manufacturing costs? (Use Wages Payable as the credit for the direct labor costs) (Record debits first, then credits. Exclude explanations from any joumal entries.) Month Ended January 31 Production Cost Report Flow of Physical Units Equivalent Units Direct Conversion Journal Entry Accounts Date Debit Credit Flow of Production Materials Costs Units to account for Beginning work in process, January 1 85.000 1.600.000 Data Table Plus Started in production during January 1.685 000 Total physical units to account for Units accounted for Completed and transferred out 35 000 units 15151000 170.000 15 15.000 170.000 1.515.000 85.000 1,800,000 units Plus. Ending work in process. January 31 1.665.000 Total physical units accounted for 170.000 units 1.885 000 1.800.000 Total equivalent units Units in beginning Work in Process (WIP) inventory Units started during the month (all direct materials, including cream and salt, are added at the beginning of the churning process Unitsin ending Work in Process (WIP) inventory (50% of the way through the process) Cost information is as follows WIP - Churning Department balance as of January 1 Direct material cost included in beginning WIP balance Conversion cost included in beginning wip balance Beginning balance, WIP January 1 Direct Conversion 70.350 87.000 Total Costs to Account for and Cost per Equivalent Unit Materials Costs 157350 70.350 5 1.800.000 37000 550.000 Beginning work in process Plus Coss added during January Total costs to account for Dinded by: Total equivalentants Cost per equivalent unit 40.000 1 30 350 1.365.000 1.800.000 111 040 Manufacturing costs incurred during January Direct materials used Direct labor Manufa unng overed 12.000 540,000 Direct Conversion 2,353 000 Materials Costs Total manufacturing costs entered into production during January Total Assignment of total costs Completed and transferred out: Equivalent units completed and transferred out Print Done 1515.000 1.515.000 3:40 5 Multipled by: Cost per qualent unt Costs assigned as completed and red out 5 1 681550 5 305.000 2.287-650 Ending work in process Equivalent units nenoing work in process, January at Mited by Cest per cuivalent unt 55.000 3 115 183.700.5 34000 Cosse assigned to us in ending work in procesu. January 21 Total costs accounted for 2510 350 Punt Done Choose from any list or enter any number in the input fields and then click Check Answer. parts Clear All HW Score: 40% Score: 0 of 1 pt 3 of 5 (2 complete) Question Help E5-31A (similar to) Johnson Dairy produces an organic butter that is sold by the pound. The production of the butter begins in the Chuming Department. Johnson Dairy's Data for the Chuming Department for January follows Click the icon to view the data from January.) Johnson Dary prepared the following production cost report for January for the Churning Department Click the icon to view the January production cost report) 0 Reference Read the rements Requirement 1. What ournal entry(s) would have been made during the month to record manufacturing costs? (Use Wages Payable as the credit for the direct labor costs.) (Record debits first, then credits. Exclude explanations from any journal entries.) Journal Entry Date Accounts Debit Credit Costs Johnson Dairy Churning Department Month Ended January 31 Production Cost Report us Flow of Equivalent Units Physical Direct Conversion Flow of Production Units Materials Units to account for: Beginning work in process January 1 85.000 1.600.000 Plus Started in production during January 1,685.000 Total physical units to account for Units accounted for Completed and transferred out 1 515.000 1.515,000 1,515,000 170,000 Plus Ending work in process. January 31 170 000 85,000 1,885,000 Total physical units accounted for 1085 000 1000,000 Total equivalent units Data Table 85.000 units 1.800,000 units 170,000 units Units in beginning Work in Process (WIP) inventory Units started during the month (all direct materials, including cream and salt, are added at the beginning of the churing process) Units in ending Work in Process (WIP) inventory (60% of the way through the process) Cost information is as follows WIP-Churning Department balance as of January 1: Direct material cost included in beginning VIP balance Conversion cost included in beginning WIP balance Beginning balance WP. January 1 70.350 87.000 157 350 Total Costs to Account for and Cost per Equivalent Unit Beginning work in process Plus: Costs added during January Total costs to account for Direct Conversion Materials Costs S 70,350 3 87.000 1.800.000 553,000 1.870.350 840,000 1.800.000 1,885,000 Manufacturing costs incurred during January Direct materials used Direct labor Manufacturing overhead Total manufacturing costs entered into production during January 1.800.000 13.000 540,000 Divided by: Total equivalent units Cost per equivalent unit 1.11 S 0.40 Conversion 2.353,000 Direct Materials Costs Total Print Done Assignment of total costs Completed and transferred out: Equivalent units completed and transferred out Multiplied by: Cost per equivalent unit Costs assigned to units completed and transferred out 1.515.000 1.115 1.515.000 0.40 S $ 1,881,850 $ 605,000 $ 2.287.650 170,000 1.115 85,000 0.40 S Ending work in process Equivalent units in ending work in process, January 31 Multiplied by: Cost per equivalent unit Costs assigned to units in ending work in process, January 31 Total costs accounted for 3 188,700 222.700 34.000 $ 2,510.350 Print Done Choose from any list or enter any number in the input fields and then click Check Answer 2 parts remaining Clear All Check AS Type here to search O LA 5:41 PM ES (0) ENG Score: 0 of 1 pt 3 of 5 (4 complete) HW Score: 80%, 4 of 5 pts Question Help E5-31A (similar to) Janson Dairy produces an organic butter that is sold by the pound. The production of the butter begins in the Churing Department Johnson Dairy's Data for the Churring Department for January follows BB Click the icon to view the data from January.) Johnson Dairy prepared the following production cost report for January for the Churring Department Click the icon to view the January production cost report.) Reference - X Read the requirements Requirement 1. What journal enty(s) would have been made during the month to record manufacturing costs? (Use Wages Payable as the credit for the direct labor costs) (Record debits first, then credits. Exclude explanations from any joumal entries.) Month Ended January 31 Production Cost Report Flow of Physical Units Equivalent Units Direct Conversion Journal Entry Accounts Date Debit Credit Flow of Production Materials Costs Units to account for Beginning work in process, January 1 85.000 1.600.000 Data Table Plus Started in production during January 1.685 000 Total physical units to account for Units accounted for Completed and transferred out 35 000 units 15151000 170.000 15 15.000 170.000 1.515.000 85.000 1,800,000 units Plus. Ending work in process. January 31 1.665.000 Total physical units accounted for 170.000 units 1.885 000 1.800.000 Total equivalent units Units in beginning Work in Process (WIP) inventory Units started during the month (all direct materials, including cream and salt, are added at the beginning of the churning process Unitsin ending Work in Process (WIP) inventory (50% of the way through the process) Cost information is as follows WIP - Churning Department balance as of January 1 Direct material cost included in beginning WIP balance Conversion cost included in beginning wip balance Beginning balance, WIP January 1 Direct Conversion 70.350 87.000 Total Costs to Account for and Cost per Equivalent Unit Materials Costs 157350 70.350 5 1.800.000 37000 550.000 Beginning work in process Plus Coss added during January Total costs to account for Dinded by: Total equivalentants Cost per equivalent unit 40.000 1 30 350 1.365.000 1.800.000 111 040 Manufacturing costs incurred during January Direct materials used Direct labor Manufa unng overed 12.000 540,000 Direct Conversion 2,353 000 Materials Costs Total manufacturing costs entered into production during January Total Assignment of total costs Completed and transferred out: Equivalent units completed and transferred out Print Done 1515.000 1.515.000 3:40 5 Multipled by: Cost per qualent unt Costs assigned as completed and red out 5 1 681550 5 305.000 2.287-650 Ending work in process Equivalent units nenoing work in process, January at Mited by Cest per cuivalent unt 55.000 3 115 183.700.5 34000 Cosse assigned to us in ending work in procesu. January 21 Total costs accounted for 2510 350 Punt Done Choose from any list or enter any number in the input fields and then click Check Answer. parts Clear All