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Jackson Winery in Hampton, New Hampshire, has two departments: Fermenting and Packaging. Direct materials are added at the beginning of the fermenting process (grapes) and
Jackson Winery in Hampton, New Hampshire, has two departments: Fermenting and Packaging. Direct materials are added at the beginning of the fermenting process (grapes) and at the end of the packaging process (bottles) Conversion costs are added evenly throughout each process. Data from the month of March for the Fermenting Department are as follows: (Click the icon to view the data from March) Read the requirements Requiremen 1. Fill in the time line for the Fermenting Department Conversion costs added evenly throughout the process Start 80% Complete 100% Complete Direct materials (grapes) added Transferred out to Packaging 6,420 gallons completed and transferred out Jackson Winery in Hampton, New Hampshire, has two departments Fermenting and Packaging. Direct materials are added at the beginning of the fementing process (grapes) and at the end of the packaging process (bottles). Conversion costs are added evenly throughout each process. Data from the month of March for the Fermenting Department are as follows (Click the icon to view the data from March ) Read the requirements. Requirement 2. Summarize the flow of physical units and compute the total equivalent units. Fermenting Department Equivalent Unit Computation Month Ended March 31 Flow of Equivalent Units PhysicalD Conversion Flow of Production Units Materials Costs Units to account for: Beginning work in process, March 1 Plus: Started in production during March Total physical units to account for 2,800 4,620 7,420 Units accounted for: Completed and transferred out Plus: Ending work in process, March 31 Total physical units accounted for 6,420 1,000 7,420 6,420 6,420 1,000 800 7,420 7,220 Total equivalent units Jackson Winery in Hampton, New Hampshire, has two departments: Fermenting and Packaging. Direct materials are added at the beginning of the fermenting process (grapes) and at the end of the packaging process (bottles) Conversion costs are added evenly throughout each process. Data from the month of March for the Fermenting Department are as follows: EE (click the icon to view the data from March.) Read the requirements Direct Conversion Materials Total a. Completed and transferred out: Costs assigned to units completed and transferred out 6420 100 Multiplied by: Cost per equivalent unit Equivalent units completed and transferred out 80 Ending work in process Equivalent units in ending work in process, March 31 Multiplied by: Cost per equivalent unit Total costs accounted for Jackson Winery in Hampton, New Hampshire, has two departments: Fermenting and Packaging. Direct materials are Conversion costs are added evenly throughout each process. Data from the month of March for the Fermenting D EEB (Click the icon to view the data from March.) Read the requirements Gallons Dict Conversion Materials Beginning work in process inventory Started production Completed and transferred out to Packaging in March Ending work in process inventory (80% of the way through 2,800 gallons 4,620 gallons 6,420 gallons Costs Total a. Completed and transferred out: Costs assigned to units completed and transferred out Multiplied by: Cost per equivalent unit 6420 6420 100 80 the fermenting process) 1,000 gallons Equivalent units completed and transferred out Costs b. Ending work in process: Beginning work in process inventory ($2,200 of direct Equivalent units in ending work in process, March 31 S 3,662 materials and $1,462 of conversion cost) Multiplied by: Cost per equivalent unit Costs added during March: Direct materials Direct labor Manufacturing overhead S 10,414 950 1,920 Total costs accounted for Choose from any list or enter ut fields and then click Check Answer parts Windows n remaining 202 " Clear Print Done
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