i need the answer to E4-8 please. l have no idea about it. thank u

HOMEWORK #4 CHAPTER 4 E4-7) Pureform, Inc., manufactures a product that passes through two departments. Data for a recent month for the first department follow: Units Work in process, beginning Materials Labor Overhead 73,000 $ 350,000 $ 28,000 $ Units started in process 760,000 Units transferred out 41,000 780,000 Work in process, ending 53,000 Cost added during the month $ 920,000 $ 390,000 $ 590,000 The beginning work in process inventory was 80% complete with respect to materials and 60% complete with respect to processing. The ending work in process inventory was 75% complete with respect to materials and 50% complete with respect to processing. The company uses the weighted-average method of accounting for units and costs Requirement 1: (a) Prepare a quantity schedule for the month for the first department. Quantity Schedule Units to be accounted for: Total units to be accounted for (b) Compute the equivalent units for the month for the first department. Equivalent Units (EU) Materials Labor Overhead Requirement 2: Determine the costs per equivalent unit for May. Cost per equivalent unit $ E4-8) Helox, Inc., manufactures a product that passes through two production processes. A quantity schedule for the month of May for the first process follows: Quantity Schedule Units to be accounted for: Work in process, May 1 (materials 100% complete; conversion 40% complete) Started into production Total units to be accounted for 5,000 180,000 185,000 Costs in the beginning work in process inventory of the first processing department were: materials, $1,500; and conversion cost, $4,000 Costs added during the month were: materials, $54,000; and conversion cost, $352,000. Requirement 1: Assume that the company uses the weighted-average method of accounting for units and costs. Determine the equivalent units for the month for the first process. Quantity Schedule Equivalent Units Materials Conversion Units accounted for as follows: Transferred to the next process Work in process, May 31 (materials 100% complete, conversion 30% complete) Total units accounted for 175,000 10,000 185,000 Requirement 2: Compute the costs per equivalent unit for the month for the first process. Cost per EU Materials $ Conversion Whole Unit $ E4-9) Helox, Inc., manufactures a product that passes through two production processes. The company uses the weighted-average method of accounting for units and costs. A quantity schedule for the month of May for the first process follows: Equivalent Units Quantity Materials Conversion Schedule Units accounted for as follows: Transferred to the next process Work in process, May 31 (materials 100% complete, conversion 30% complete) Total units accounted for 175,000 175,000 175,000 10,000 10,000 3,000 185,000 185,000 178,000 Total Cost Materials Conversion Cost to be accounted for: Work in process, May 1 Cost added by the department Total cost to be accounted for $ 5,500 $ 406,000 1,500 $ 54,000 4,000 352,000 $ 411,500 $ 55,500 $ 356,000 Equivalent units 185,000 178,000 Required: Complete the following cost reconciliation for the first process. Equivalent Units Total Cost Cost accounted for as follows: Transferred to the next process Work in process, May 31: $ Materials Conversion Materials Conversion Total work in process Total cost accounted for $ E4-13) Sunspot Beverages, Ltd., of Fiji makes blended tropical fruit drinks in two stages. Fruit juices are extracted from fresh fruits and blended in the Blending Department. The blended juices are then bottled and packed for shipping in the Bottling Department. The following information pertains to the operations of the Blending Department for June. (The currency in Fiji is the Fijian dollar.) Percent Completed Units Work in process, beginning 20,000 Started into production 96,831 Work in process, ending 14,469 Conversion 91,300 Completed and transferred out Materials 100% 75% 100 % 25% Work in process, beginning $ 25,200 $ 24,800 Cost added during June $ 334,800 $ 238,700 Required: Prepare a production report for the Blending Department for June assuming that the company uses the weighted-average method. Quantity Schedule Units to be accounted for: Total units Equivalent Units Quantity Schedule Materials Conversion Units accounted for as follows: Total units and equivalent units of production Total Cost Materials Conversion Whole Unit Cost to be accounted for: Total cost to be accounted for $ Equivalent units Cost per equivalent unit Cost Reconciliation Equivalent Units (EU) Total Cost Materials Conversion Cost accounted for as follows: Transferred to bottling $ Work in process, June 30: Materials Conversion Total work in process Total cost $ P4-17) You are employed by Spirit Company, a manufacturer of digital watches. The company's chief financial officer is trying to verify the accuracy of the ending work in process and finished goods inventories prior to closing the books for the year. You have been asked to assist in this verification. The year-end balances shown on Spirit Company's books are as follows: Units Costs Work in process, December 31 215,000 $ (labor and overhead 50% complete) Finished goods, December 31 660,960 130,000 $ 1,009,800 Materials are added to production at the beginning of the manufacturing process, and overhead is applied to each product at the rate of 60% of direct labor cost. There was no finished goods inventory at the beginning of the year. A review of Spirit Company's inventory and cost records has disclosed the following data: Costs Units Materials Work in process, January 1 (labor and overhead 80% complete) 200,000 $ Units started into production Labor 646,000 200,000 $ 315,000 Cost added during the year Materials cost $ 1,300,000 Labor cost Units completed during the year $ 1,895,000 631,000 The company uses the weighted-average cost method. Requirement 1: Determine the equivalent units and costs per equivalent unit for materials, labor, and overhead for the year. a. The equivalent units would be: Materials Labor Overhead Total equivalent units b. The costs per equivalent unit would be Materials Total costs Overhead Whole Unit $ Cost per EU Labor $ Requirement 2: Determine the amount of cost that should be assigned to the ending Work in Process and Finished Goods inventories. Work in Process Finished Goods Total Work in process: Materials $ Labor Overhead Finished goods Total cost that should be assigned to inventories $ Requirement 3: Prepare the necessary correcting journal entry to adjust the Work in Process and Finished Goods inventories to the correct balances as of December 31. Work in Process Cost that should be assigned to inventories (above) Finished Goods Total $ Year-end balances in the accounts Difference $ General Journal Debit Credit Requirement 4: Determine the cost of goods sold for the year assuming there is no under- or overapplied overhead. Cost of goods sold The simplest computation (in units except for last two entries): Cost per equivalent unit $ Cost of goods sold $ Alternative computation (in dollars): Total manufacturing cost incurred: Materials Labor Overhead Total manufacturing cost $ Less: Cost assigned to inventories Cost of goods sold $