i Data Table ston Shirt Company makes two types of T y compiled the foll e icon to view the additional information 018, the Charleston Shirt Company comp e icon to view the Cutting and Sewing da t 1. Complete a production cost report fo mpleting a production report for the Cuttin Beginning balance Started in March Direct materials added in March Conversion costs Completed and transferred to Sewing Ending balance Beginning balance, transferred in, $700 S o 0 shirts 1,300 shirts Cutting 1,690 1,950 to the nearest cent a 72? 1,300 shirts e dollar. Abbreviation used: EUP equiv 0 shirts CharlestoSewing $ 1,000 250 shirts Production Cost conversion costs, $300 Transferred in from Cutting Conversion costs added in March Completed and transferred to Finished Goods 1,470 shirts 772 1.250 Whole 7?? Units any list or enter any number in the in PrintDone ing 30 8 6 4. 3 Ful larui 2018, e Chaneston ShiR Company compled the following data for the Cutting and Sewing Departments: Read t (Click the icon to view the Cutting and Sewing data.) Charleston Shirt Company Production Cost Report-Cutting Department Month Ended March 31, 2018 Equivalent Units WholeTransferred Direct Conversion UNITS Units In Materials Costs Units to account for 0 Beginning work-in-process Choose from any list or enter any number in the input fields and then click Check Answer parts remaining Clear All Re EEB (Click the icon to view the Cutting and Sewing data.) Total units to account Tor Units accounted for 1,300 n/a n/a n/a Completed and transferred out 1,300 0 1,300 1.300 Ending work-in-process 1,300 1,300 Total units accounted for Transferred Direct Conversion Total COSTS In Costs Materials Costs Costs to account for: Choose from any list or enter any number in the input fields and then click Check Answer parts remaining 20 Clear All ransTerrea uirect ota conversion COSTS In Materials Costs Costs Costs to account for Beginning work-in-process 0 $ o $ n/a n/a n/a 1,690 1,950 3,640 n/a n/a 0 1,690 1,950 Costs added during the period Total costs to account for Divided by: Total EUP Cost per equivalent unit Costs accounted for Choose from any list or enter any number in the input fields and then click Check Answer 3,640 1,300 1,300 1.30 $ 1.50 parts remaining Clear All 20 F3 +6 F2 n/a Cost per equivalent unit Costs accounted for 1.30 $ 1.50 Completed and transferred out n/a$ 1,690 $ 1,950 3,640 n/a n/a Ending work-in-process Total costs accounted for Now complete a production report for the Sewing Department. (Complete all answer boxes. Enter a "0" for any zero bala 0 1,690 $ 1,950 $ 3,640 whole dollar.) Charleston Shirt Company Choose from any list or enter any number in the input fields and then click Check Answer. Clear All remaining 2 20 F3 F2 t6 Production Cost Report-Sewing Department Month Ended March 31, 2018 Equivalent Units Whole Transferred Direct Conversion UNITS Units Materials Costs In Units to account for Beginning work-in-process 250 1,300 1,550 Transferred in Total iinits to arcount for Choose from any list or enter any number in the input fields and then click Check Answer parts remaining Clear All EEB (Click the icon to view the Cutting and Sewing data.) Rea Units accounted for Completed and transferred out 1,250 300 1,550 1,250 1,250 225 1,475 n/a n/a22 Ending work-in-process 1,550 Total units accounted for n/a Transferred Direct Conversion Total COSTS In Materials Costs Costs Costs to account for Beginning work-in-process 700 n/a Choose from any list or enter any number in the input fields and then click Check Answer. parts remaining Clear All (Click the icon to view the Cutting and Sewing data.) Transferred Direct Conversion Total Materials Costs In Costs COSTS Costs to account for: ool 3640 n/a n/a n/a n/a n/a Beginning work-in-process 1470 Costs added during the period Total costs to account for Divided by: Total EUP Cost per equivalent unit Choose from any list or enter any number in the input fields and then click Check Answer. parts remaining Clear All (Click the icon to view the Cutting and Sewing data.) Transferred Direct Conversion To COSTS In Materials Costs Costs Costs to account for Beginning work-in-process 700 n/a n/a n/a Costs added during the period Total costs to account for Divided by: Total EUP Cost per equivalent unit 1470 3640 n/a Choose from any list or enter any number in the input fields and then click Check Answer. 20 remaining Clear All : 0 F3 8 Requirements kes two types of T-shirts: ba Com tional information.) irt Company compiled the 1. Complete a production cost report for the Cutting Department and the Sewing ing and Sewing data.) ata Department. What is the cost of one basic shirt? Determine the total cost and the average cost per shirt for jobs 367, 368. 369, and 370. If the company set the sales price at 150% of the total cost, determine the total sales price of each job. 2. Trans In addition to the custom jobs, the Charleston Shirt Company sold 1,250 basic shirts (assume the beginning balance in Finished Goods Inventory is sufficient to make these sales, and the unit cost of the basic shirts in Finished Goods Inventory is the same as the unit cost incurred this month). If the company set the sales price at 125% of the cost, determine the sales price per unit, total sales revenue, total cost of goods sold, and total gross profit for the basic shirts. 3. Calculate the total revenue, total cost of goods sold, and total gross profit for all sales, basic and custom. 4. Assume the company sold only basic shirts (no custom designs) and incurred fixed costs of $575 per month. a Calculate the contrihutinn marnin nor unit contributinn marnin ratio 5. 2 number in the input field Print Done ny makes two types of T-shirts: e additional information.) ton Shirt Company compiled the e Cutting and Sewing data.) Basic shirts are plain shirts without any screen printing on them. Custom shirts are created using the basic shirts and then adding a custom screen printing design. The company buys cloth in various colors and then makes the basic shirts in two Tran departments, Cutting and Sewing. The company uses a process costing system (weighted-average method) to determine the production cost of thetbasic shirts. In the Cutting Department, direct materials (cloth) are added at the beginning of the process and conversion costs are added evenly through the process. In the Sewing Department, no direct materials are added. The only additional material, thread, is considered an indirect material because it cannot be easily traced to the finished product. Conversion costs are added evenly throughout the process in the Sewing Department. The finished basic shirts are sold to retail stores or are sent to the Custom Design Department for custom screen printing. sS period The Custom Design Department creates custom shirts by adding screen printing to the basic shirt. The department creates a design based on the customers request and then prints the design using up to four colors. Because these shirts have the custom printing added, which is unique for each order, the additional cost incurred is er any number in the input fiel Print Done onal information.) t Company compil g and Sewing data Beginning balance Started in March Direct materials added in March Conversion costs Completed and transferred to Sewing Ending balance 0 shirts 0 Cutting 1,300 shirts 1,690 1,950 1,300 shirts 0 shirts SewingBeginning balance, transferred in, $700; conversion costs, $300 Transferred in from Cutting Conversion costs added in March Completed and transferred to Finished Goods S 1,000 250 shirts 1,470 ??? 1,250 shirts umber in the inp Print Done