I am needing assistance with the following. Please advise.

5.

Rooney Company ls a cosmetics manufacturer, Its assembly department receives raw cosmetlcs from the molding department. The assembly department places the raw cosmetics into decorative containers and transfers them to the packaging department, The assembly department's Work In Process Inventory account had a $67,000 balance as of August 1. During August, the department incurred raw materials, labor, and overhead costs amounting to $69,500, $86,000. and $82,000, respectively. The department transferred products that cost $340,000 to the packaging department. The balance in the assembly department's Work in Process Inventory account as of August 31 was $66,500. Required Determine the cost of raw cosmetics transferred from the molding department to the assembly department during August. Rundle Watches. Incorporated makes watches. Its assembly department started the accounting period with a beginning Inventory balance of $25,500. During the accounting period, the department Incurred $43,000 of transferred-In cost, $26,500 of materials cost, $64,000 of labor cost, and $45,600 of applied overhead cost. The department processed 6,200 total equivalent units of product during the accounting period. Required (Each requirement is independent ofthe other.) a. Assuming that 1,100 equivalent units of product were in the ending work in process inventory, determine the amount of cost transferred out of the Work in Process Inventory account of the assembly department to the Finished Goods Inventory account. What was the assembly department's cost of ending work In process inventory? b. Assuming that 5,750 units of product were transferred out of the assembly department's work in process inventory to nished goods inventory. determine the amount of the assembly department's cost of ending work in process inventory. What was the cost of the nished goods Inventory transferred out of the assembly department? a. To nished goods a. To ending inventory b. To nished goods h. To ending inventory Thornton Ski Company manufactures snow skis. During the most recent accounting period, the company's finishing department transferred 4,150 sets of skis to finished goods. At the end of the accounting period, 500 sets of skis were estimated to be 50 percent complete. Total product costs for the finishing department amounted to $286,000. Required a. Determine the cost per equivalent. b. Determine the cost of the goods transferred out of the finishing department. c. Determine the cost of the finishing department's ending work in process inventory. a. Cost per equivalent unit b. Allocation to finished goods c. Allocation to ending inventory