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M3-3 (Algo) Compute Costs for Manufacturing Company (LO 3-1] San Tan Company manufactures light bulbs. Once produced, the bulbs are packaged and sold to wholesalers
M3-3 (Algo) Compute Costs for Manufacturing Company (LO 3-1] San Tan Company manufactures light bulbs. Once produced, the bulbs are packaged and sold to wholesalers for distribution to grocery stores and large retailers like Walmart. The following costs were incurred by San Tan Company during April: Electricity for factory Labor Rent on factory Insurance on factory Glass for bulbs Cardboard for packaging $ 16,000 31,200 23,200 1,300 55,400 7,200 Required: 1. Compute the Manufacturing overhead cost for San Tan Company. 2. Compute the Direct materials cost for San Tan Company. 3. Compute the Conversion cost for San Tan Company. 1. Manufacturing Overhead 2. Direct Materials 3. Conversion Cost E3-4 (Algo) Computing Unknown Manufacturing Costs for Process Costing [LO 3-1] The following four companies use a process cost system: Required: Treating each case independently, find the missing amounts. Solana Co. Vista Co. Ray Inc. $ 236,600 $ 57,750 Lindsay Company $ 26,000 $ $ 14,000 1,850 $ Conversion Cost Direct Labor Depreciation Manufacturing Overhead Rent Direct Materials Supervisor's Salary Utilities $ $ $ $ 43,700 $ 2,750 $ 18,100 26,200 $ 144,300 16,450 $ 89,800 $ 362,750 $ 5,650 $ 20,150 $ 900 17,750 10,800 $ 40,300 $ 3,400 $ 9,550 $ 2,600 $ 24,900 $ 700 Required Information SB (Static) Calculating Physical Units and Equivalent Units [LO 3-2, 3-3, 3-51] [The following information applies to the questions displayed below.] Oasis Company adds all materials at the beginning of its manufacturing process. Production Information for selected months of the year follows: E3-5 (Static) Calculating Physical Units and Equivalent Units (Weighted Average Method) [LO 3-2, 3-3] Required: 1. Reconcile the number of physical units to find the missing amounts. 2 Calculate the number of equivalent units for both materials and conversion for each month using the weighted average method. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Reconcile the number of physical units to find the missing amounts. Beginning Work in Process Conversion Complete Units Units Month Units (percent) Started Transferred Out February 3,000 50 38,000 June 8.400 75 48,600 September 20 52,800 50,000 December 5.800 30 44.000 42,800 Ending Work in Process Conversion Complete Units (percent) 13,000 30 8,000 45 4.800 60 70 Required 1 Required 2 Calculate the number of equivalent units for both materials and conversion for each month using the weighted-average method Equivalent Units Materials Conversion Month February June September December
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