K Jackson Winery in Pleasant Valley, New York, has two departments Fermenting and Packaging Direct materials...

Transcribed Image Text:

K Jackson Winery in Pleasant Valley, New York, 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. The company uses the weighted-average method Data from the month of March for the Fermenting Department are as follows (Click the icon to view the data from March) Data table Gallons Beginning Work-in-Process Inventory 200 gallons Started in production 0.900 gallons Completed and transferred out to Packaging in March 7.900 gallons Ending Work in Process Inventory (80% of the way 1,200 gallons through the fermenting process) Costs Beginning Work in Process Inventory Deect materials no Oirect labor solve Manufacturing overhead allocated Costs added during March Direct materials Direct labor - X on for direct materials and for conversion costs: on the salut.unds of induction for deactatadiale and fe conversion.caste Requirements 4 7.736 250 1. Compute the Fermenting Department's equivalent units of production for deect materials and for conversion costs 2. Compute the total costs of the units (gations) a. completed and transferred out to the Packaging Department b. in the Fermenting Department ending Work in Process Inventory 250 4.560 542 Print Done method Read th Completed and transferred out to Packaging in March Ending Work-in-Process Inventory (80% of the way through the fermenting process) 7,900 gallons 1,200 gallons Costs Beginning Work-in-Process Inventory: Direct materials Direct labor Manufacturing overhead allocated Costs added during March: UNITS Direct materials Units to Direct labor Total u Manufacturing overhead allocated Total costs added during March Units Print Done 7,735 250 250 4,550 542 5,16 10,252 K Jackson Winery in Pleasant Valley, New York, 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. The company uses the weighted-average method Data from the month of March for the Fermenting Department are as follows (Click the icon to view the data from March) Data table Gallons Beginning Work-in-Process Inventory 200 gallons Started in production 0.900 gallons Completed and transferred out to Packaging in March 7.900 gallons Ending Work in Process Inventory (80% of the way 1,200 gallons through the fermenting process) Costs Beginning Work in Process Inventory Deect materials no Oirect labor solve Manufacturing overhead allocated Costs added during March Direct materials Direct labor - X on for direct materials and for conversion costs: on the salut.unds of induction for deactatadiale and fe conversion.caste Requirements 4 7.736 250 1. Compute the Fermenting Department's equivalent units of production for deect materials and for conversion costs 2. Compute the total costs of the units (gations) a. completed and transferred out to the Packaging Department b. in the Fermenting Department ending Work in Process Inventory 250 4.560 542 Print Done method Read th Completed and transferred out to Packaging in March Ending Work-in-Process Inventory (80% of the way through the fermenting process) 7,900 gallons 1,200 gallons Costs Beginning Work-in-Process Inventory: Direct materials Direct labor Manufacturing overhead allocated Costs added during March: UNITS Direct materials Units to Direct labor Total u Manufacturing overhead allocated Total costs added during March Units Print Done 7,735 250 250 4,550 542 5,16 10,252