Instructions White Diamond Flour Company manufactures flour by a series of three processes, beginning with wheat grain being introduced in the Milling Department. From the Milling Department, the materials pass through the Sifting and Packaging departments, emerging as packaged refined flour The balance in the account Work in Process-Sitting Department was as follows on July 1: Work in Process-Sifting Department (700 units, 3/5 completed): Direct materials (700 * $2.05) $1,435 Conversion (700 x 3/5 * $0.50) 210 $1,645 The following costs were charged to Work in Process-Sitting Department during July Direct materials transferred from Milling Department: 17.800 units at $2.15 a unit $38,270 Direct labor 4,440 Factory overhead 5,339 During July 17,000 units of flour were completed. Work in Process-Sifting Department on July 31 was 1,500 units, 4/5 completed. im Foedback Check My Work 1. Calculate equivalent units for direct materials and conversion costs Wo Costs (70 COSTS Total Dir Conversion Direct Materials Cod Cost per equivalent unit: $38,270 $9,779 Total costs for July in Sitting Department 17,780 17,800 Total equivalent units follo $2.15 $0.55 Cost per equivalent unit Din Costs assigned to production $1,645 17 Din $39,915 X Fag uring 5 Inventory in process, Juy 1 Costs incurred in July Total costs accounted for by the Sitting Department Costs allocated to completed and partially completed units Inventory in process, July 1-balance To complete Inventory in process, July 1 Cost of completed July 1 work in process Started and completed in July Transferred to Packaging Department in July $0 $38.270 X S 1 5 Inventory in process, July 31 Total costs assigned by the Sitting Department Point BIO D 1. Prepare a cost of production report for the Sitting Department for Jury. W an amount is zero, enter "o" Round your cost per unit and final answers to the nearest dollar amount. WHITE DIAMOND FLOUR COMPANY ala Cost of Production Report-Sifting Department For the Month Ended July 31 Wo (70 Equivalent Units Whole Units Din UNITS Direct Materials Conversion Cot Units charged to productions 700 Inventory in process, July 1 follo Received from Miling Department 17,800 18.500 Din Total units accounted for by the Sitting Department Units to be assigned costs 12 280 700 Din 10,300 16,300 16,300 Fad 16,300 17,000 Inventory in process, July 1 (3/5 completed) Started and completed in July Transferred to Packaging Department in July Inventory in process, July 31 (4/5 completed) Total units to be assigned coats 16,580 1,500 1,500 1,200 uring 18,500 17,800 17,780 in the Miling Journal Shaded cells have feedback. 2 Journaize the entries for costs transferred from Mining to Sitting and the costs transferred from Siling to Packaging. Refer to me chart of accounts for the exact wording of the account titles. CNOW journals do not use ines for spaces or journal explanations. Every line on a journal page is used for debit or credit entries. Do not add explanations or skipa Aine between journal entries. CNOW journals will automatically indent a credit entry whon a credit amount is entered. Use the dato Juy 31 for all journal entries Question not attempted PAGE 10 JOURNAL Score: 0/51 ACCOUNTING EQUATION DATE DESCRIPTION POST. RER DEBIT CREDIT ASSETS LIABUTIES EQUITY 1 1 Points 10/10 Final Questions 3. Determine the morease or decrease in the cost per equivalent unit from June to w for direct materials and conversion costs. Round your answers to the nearest cent. Direct materials: Conversion: Increase Increase S