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I) E] B ezto.mheducation.com O (D a +6 Open LMS m Questioni - Chapter 4 - Homework Connect Chapter4 - Homework 0 Saved 1 6.66
I) E] B ezto.mheducation.com O (D a +6 Open LMS m Questioni - Chapter 4 - Homework Connect Chapter4 - Homework 0 Saved 1 6.66 points References Scribners Corporation produces ne papers in three production departmentsPulping, Drying, and Finishing. In the Pulping Department, raw materials such as wood ber and rag cotton are mechanically and chemically treated to separate their fibers. The result is a thick slurry ofbers. In the Drying Department, the wet bers transferred from the Pulping Department are laid down on porous webs, pressed to remove excess liquid, and dried in ovens. In the Finishing Department. the dried paper is coated, cut, and spooled onto reels. The company uses the weighted-average method in its process costing system. Data for March for the Drying Department follow: Percent Completed Units Pulping Conversion Work in process inventory, March 1 3,500 1009s 8096 Work in process inventory, March 31 7,500 100% 6095 Pulping cost in work in process inventory, March 1 $ 1,085 Conversion cost in work in process inventory, March 1 $ 350 Units transferred to the next production department 134,000 Pulping cost added during March $ 45,610 Conversion cost added during March $ 23,195 No materials are added in the Drying Department. Pulping cost represents the costs of the wet fibers transferred in from the Pulping Department. Wet ber is processed in the Drying Department in batches; each unit in the above table is a batch and one batch of wet bers produces a set amount of dried paper that is passed on to the Finishing Department. Required: 1. Compute the Drying Department's equivalent units of production for pulping and conversion in March. 2. Compute the Drying Department's cost per equivalent unit for pulping and conversion in March. 3. Compute the Drying Department's cost of ending work in process inventory for pulping, conversion, and in total for March. 4. Compute the Drying Department's cost of units transferred out to the Finishing Department for pulping, conversion, and in total in March. 5. Prepare a cost reconciliation report for the Drying Department for March. Complete thls queltlon by enlierlng answers In the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Compute the Drying Department's equivalent units of production for pulping and conversion in March. Equivalent units of production G Scribners Corporation Produces Fine Papers In Thre... | Chegg.com B ezto.mheducation.com References Open LMS m Questioni - Chapter 4 - Homework Connect Units Pulping Conversion Work in process inventory, March 1 3,500 100% 8096 Work in process inventory, March 31 7,500 1009: 60% Pulping cost in work in process inventory, March 1 $ 1,085 Conversion cost in work in process inventory, March $ 350 1 Units transferred to the next production department 134,000 Pulping cost added during March as 45,610 Conversion cost added during March as 23,195 to d1+ G Scribners Corporation Produces Fine Papers In Thre... | Chegg.com No materials are added in the Drying Department Pulping cost represents the costs of the wet bers transferred in from the Pulping Department. Wet ber is processed in the Drying Department in batches; each unit in the above table is a batch and one batch of wet bers produces a set amount of dried paper that is passed on to the Finishing Department. Required: 1. Compute the Drying Department's equivalent units of production for pulping and conversion in March. 2' Compute the Drying Department's cost per equivalent unit for pulping and conversion in March. 3. Compute the Drying Department's cost of ending work in process inventory for pulping, conversion, and in total for March. 4. Compute the Drying Department's cost of units transferred out to the Finishing Department for pulping, conversion, and in total in March. 5' Prepare a cost reconciliation report for the Drying Department for March. complete thls questlon by enoerlng your answers In the tab: below. Required 1 Required 2 Required 3 Required 4 Required 5 Compute the Drying Department's equivalent units of production for pulping and conversion in March. Equivalent units of production Prev 1of3 Next > I) E B ezto.mheducation.com C; References (9 + Open LMS m Question1 - Chapter 4 - Homework Connect Units Pulping Conversion Work in process inventory, March 1 3,500 100% 8096 Work in process inventory, March 31 7,500 1009: 60% Pulping cost in work in process inventory, March 1 $ 1,085 Conversion cost in work in process inventory, March $ 350 1 Units transferred to the next production department 134,000 Pulping cost added during March as 45,610 Conversion cost added during March as 23,195 No materials are added in the Drying Department Pulping cost represents the costs of the wet bers transferred in from the Pulping Department. Wet ber is processed in the Drying Department in batches; each unit in the above table is a batch and one batch of wet bers produces a set amount of dried paper that is passed on to the Finishing Department. Required: 1. Compute the Drying Department's equivalent units of production for pulping and conversion in March. 2' Compute the Drying Department's cost per equivalent unit for pulping and conversion in March. 3. Compute the Drying Department's cost of ending work in process inventory for pulping, conversion, and in total for March. 4. Compute the Drying Department's cost of units transferred out to the Finishing Department for pulping, conversion, and in total in March. 5' Prepare a cost reconciliation report for the Drying Department for March. complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Compute the Drying Department's cost per equivalent unit for pulping and conversion in March. (Round your answers to 2 decimal places.) Cost per equivalent un-t _ _ Prev 1 of 3 Next > G Soribners Corporation Produces Fine Papers In Thre... | Cheggcom I) E Geztomheducatiomcom ('1 (9 1 + la Open LMS m Questioni - Chapter 4 - Homework Connect a Scribners Corporation Produces Fine Papers In Thre... | Cheggcom El Units Pulping Conversion eBook Work in process inventory, March 1 3,500 100% 8096 Work in process inventory, March 31 7,500 100% 60% _ Pulping cost in work in process inventory, March 1 $ 1,085 5 Conversion cost in work in process inventory, March $ 350 - 1 P t m Units transferred to the next production department 134,000 Pulping cost added during March as 45,610 F|i Conversion cost added during March as 23,195 References No materials are added in the Drying Department Pulping cost represents the costs of the wet bers transferred in from the Pulping Department. Wet ber is processed in the Drying Department in batches; each unit in the above table is a batch and one batch of wet bers produces a set amount of dried paper that is passed on to the Finishing Department. Required: 1. Compute the Drying Department's equivalent units of production for pulping and conversion in March. 2' Compute the Drying Department's cost per equivalent unit for pulping and conversion in March. 3. Compute the Drying Department's cost of ending work in process inventory for pulping, conversion, and in total for March. 4. Compute the Drying Department's cost of units transferred out to the Finishing Department for pulping, conversion, and in total in March. 5. Prepare a cost reconciliation report for the Drying Department for March. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Compute the Drying Department's cost of ending work in process inventory for pulping, conversion, and in total for March. (Round your intermediate calculations to 2 decimal places.) Cost of ending work in process inventory % Prev 1 of 3 Next > I) E Geztomheducatiomcom ('1 (9 1 + la Open LMS m Questioni - Chapter 4 - Homework Connect a Scribners Corporation Produces Fine Papers In Thre... | Cheggcom El Units Pulping Conversion eBook Work in process inventory, March 1 3,500 100% 8096 Work in process inventory, March 31 7,500 100% 60% _ Pulping cost in work in process inventory, March 1 $ 1,085 5 Conversion cost in work in process inventory, March $ 350 - 1 P t m Units transferred to the next production department 134,000 Pulping cost added during March as 45,610 F|i Conversion cost added during March as 23,195 References No materials are added in the Drying Department Pulping cost represents the costs of the wet bers transferred in from the Pulping Department. Wet ber is processed in the Drying Department in batches; each unit in the above table is a batch and one batch of wet bers produces a set amount of dried paper that is passed on to the Finishing Department. Required: 1. Compute the Drying Department's equivalent units of production for pulping and conversion in March. 2' Compute the Drying Department's cost per equivalent unit for pulping and conversion in March. 3. Compute the Drying Department's cost of ending work in process inventory for pulping, conversion, and in total for March. 4. Compute the Drying Department's cost of units transferred out to the Finishing Department for pulping, conversion, and in total in March. 5. Prepare a cost reconciliation report for the Drying Department for March. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Compute the Drying Department's cost of units transferred out to the Finishing Department for pulping, conversion, and in total in March. (Round your intermediate calculations to 2 decimal places.) Cost of units completed and transiened out _ % Prev 1 of 3 Next > Mc Graw
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