lll nt. in for direct per 1. Prepare a c Blending Departme maten ember and October. 2. Assuming that the October 1 work Sept 8,295, determine the increase or decrease in the cost als ande Obl.2.3 of three processes, a Equivalent units and related costs; cost of production report: PF 17-38 Department, the entries Dover Chemical Company manufactures specialty chemicals by a series of t sferred anuary 1: goods. materials being introduced in the Distilling Department. From the Distilli 05.376 materials pass through the Reaction and Filling departments, emerging asfepar Work in Process-Filling Department $32,572 (3,400 units, 60% completed): Direct materials (3,400 x $9.58) Conversion (3,400 60% $3.90) PLATE $40,528 The following costs were charged to work in Process Filling during January: Direct materials transferred from Reaction Department: 52,300 units at $9.50 a unit$496,850 101,560 Direct labor Factory overhead 95,166 During January, 53,000 units of specialty chemicals were completed. Work in Department on January 31 was 2,700 units, 30% completed. Instructions Prepare a cost of production report for the Filling Department for January Journalize the entries for costs transferred from Reaction to Filling and the from Filling to Finished Goods. Determine the increase or decrease in the cost per equivalent unit from December to Janus ary for direct materials and conversion costs. Discuss the uses of the cost of production report and the results of part (3) lll nt. in for direct per 1. Prepare a c Blending Departme maten ember and October. 2. Assuming that the October 1 work Sept 8,295, determine the increase or decrease in the cost als ande Obl.2.3 of three processes, a Equivalent units and related costs; cost of production report: PF 17-38 Department, the entries Dover Chemical Company manufactures specialty chemicals by a series of t sferred anuary 1: goods. materials being introduced in the Distilling Department. From the Distilli 05.376 materials pass through the Reaction and Filling departments, emerging asfepar Work in Process-Filling Department $32,572 (3,400 units, 60% completed): Direct materials (3,400 x $9.58) Conversion (3,400 60% $3.90) PLATE $40,528 The following costs were charged to work in Process Filling during January: Direct materials transferred from Reaction Department: 52,300 units at $9.50 a unit$496,850 101,560 Direct labor Factory overhead 95,166 During January, 53,000 units of specialty chemicals were completed. Work in Department on January 31 was 2,700 units, 30% completed. Instructions Prepare a cost of production report for the Filling Department for January Journalize the entries for costs transferred from Reaction to Filling and the from Filling to Finished Goods. Determine the increase or decrease in the cost per equivalent unit from December to Janus ary for direct materials and conversion costs. Discuss the uses of the cost of production report and the results of part (3)
