Calculate Equivalent Units, Unit Costs, and Transferred Costs-Weighted Average Method Chelsea Manufacturing, Inc., operates a plant that produces its own regionally-marketed Super Salad Dressing. The dressing is produced in two processes, blending and bottling. In the Bler Work in Process-Blending Department January 1 inventory (4,000 gallons, 75% finished) Direct material Conversion costs Transferred to Bottling Department (70,000 gallons) January charges: Direct material (71,000 gallons) Direct labor Manufacturing overhead. January 31 inventory [? gallons, 60% processed] $31,200 8,800 568,800 164,000 184,900 Required Calculate the following amounts for the Blending Department: a. Number of units in the January 31 inventory. b. Equivalent units for materials cost and conversion costs. c. January cost per equivalent unit for materials and conversion costs. d. Cost of the units transferred to the Bottling Department. e. Cost of the incomplete units in the January 31 inventory. Round average cost per equivalent unit to two decimal places. Use rounded answers for subsequent calculations. Round other answers to the nearest whole number. Complete/Transferred Chelsea Manufacturing, Inc. Blending Department Flow of Units and Equivalent Units Calculation, January 2019 Equivalent Units % Work Done % Work done Direct Materials % Conversion Costs Calculate Equivalent Units, Unit Costs, and Transferred Costs-Weighted Average Method Chelsea Manufacturing, Inc., operates a plant that produces its own regionally-marketed Super Salad Dressing. The dressing is produced in two processes, blending and bottling. In the Bler Work in Process-Blending Department January 1 inventory (4,000 gallons, 75% finished) Direct material Conversion costs Transferred to Bottling Department (70,000 gallons) January charges: Direct material (71,000 gallons) Direct labor Manufacturing overhead. January 31 inventory [? gallons, 60% processed] $31,200 8,800 568,800 164,000 184,900 Required Calculate the following amounts for the Blending Department: a. Number of units in the January 31 inventory. b. Equivalent units for materials cost and conversion costs. c. January cost per equivalent unit for materials and conversion costs. d. Cost of the units transferred to the Bottling Department. e. Cost of the incomplete units in the January 31 inventory. Round average cost per equivalent unit to two decimal places. Use rounded answers for subsequent calculations. Round other answers to the nearest whole number. Complete/Transferred Chelsea Manufacturing, Inc. Blending Department Flow of Units and Equivalent Units Calculation, January 2019 Equivalent Units % Work Done % Work done Direct Materials % Conversion Costs Round average cost per equivalent unit to two decimal places. Use rounded answers for subsequent calculations. Round other answers to the nearest whole number. Chelsea Manufacturing, Inc. Blending Department Flow of Units and Equivalent Units Calculation, January 2019 Equivalent Units % Work Done Complete/Transferred Ending Inventory a. Total Beginning Inventory Current Conversion costs Cost of Goods Manufactured Total Costs to Account For + Total Equivalent Units Average cost / Equivalent unit (round 2 decimal places) Complete / Transferred: Direct Materials Ending Inventory: Direct Materials Conversion costs Cost of Ending Inventory % Work done Total Costs Allocated % % b. Product Cost Report $ $ $ $ $ Direct Materials $ Direct Materials $ $ $ d. e. % Conversion Costs Conversion Costs $ C. $ b.