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Metock Corp. manufactures kitchen appliances and sadgets, like coffee makars and can openers. Recently, the company ramped up production of its iced coffee braver, anticipatinz
Metock Corp. manufactures kitchen appliances and sadgets, like coffee makars and can openers. Recently, the company ramped up production of its iced coffee braver, anticipatinz increasing demand in the marias. For the month of April, Metlock reportad the following activity and cost information for its only production process dedicated to these coffae brewers. The convarsion costs are added evenly throughout this manufacturing process. (a) Assuming Metlock Corp. uses the FIFO mathod of process costing, complete Staps 1 to 5 in the template to determine the cost of units completed in April a wall as the cost of units in endinz WIP Imventory in .April. (Round cost per equivalent unit to 2 decimal places, es. 15.25 and final answers to 0 decimal places, eg. 5.125 . Resord the journal entry to racognize the cost of units complatad and transferrad out of the manufacturing process this month. (Credit account titles are outomatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account tities and enter Ofor the amounts. List debit entry before credit entry.) Llst of Accounts Attempt: 0 of 2 used (b) At approximataly what stage of procassing is the plastic material added to the units? At approximately what stage of processing is the mesh material added to the units? Assuming inatead that Matlock Corp. uses the waightad-avarage mathod of process coating complate Staps 1 to 5 in the template to datermine the cost of units complated in April as wall as the cost of units in anding WIP Invantory in April. (Round cost per equivalent unit to 2 decimal places, eg. 15.25 and final answers to 0 decimal places, e.8. 5,125.) Record the journal entry to recosnize the cost of units complated and transferred out of the manufacturing process this month. (Credit account titles are outomatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount titles and enter O for the amounts. List debit entry before credit entry). Metock Corp. manufactures kitchen appliances and sadgets, like coffee makars and can openers. Recently, the company ramped up production of its iced coffee braver, anticipatinz increasing demand in the marias. For the month of April, Metlock reportad the following activity and cost information for its only production process dedicated to these coffae brewers. The convarsion costs are added evenly throughout this manufacturing process. (a) Assuming Metlock Corp. uses the FIFO mathod of process costing, complete Staps 1 to 5 in the template to determine the cost of units completed in April a wall as the cost of units in endinz WIP Imventory in .April. (Round cost per equivalent unit to 2 decimal places, es. 15.25 and final answers to 0 decimal places, eg. 5.125 . Resord the journal entry to racognize the cost of units complatad and transferrad out of the manufacturing process this month. (Credit account titles are outomatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account tities and enter Ofor the amounts. List debit entry before credit entry.) Llst of Accounts Attempt: 0 of 2 used (b) At approximataly what stage of procassing is the plastic material added to the units? At approximately what stage of processing is the mesh material added to the units? Assuming inatead that Matlock Corp. uses the waightad-avarage mathod of process coating complate Staps 1 to 5 in the template to datermine the cost of units complated in April as wall as the cost of units in anding WIP Invantory in April. (Round cost per equivalent unit to 2 decimal places, eg. 15.25 and final answers to 0 decimal places, e.8. 5,125.) Record the journal entry to recosnize the cost of units complated and transferred out of the manufacturing process this month. (Credit account titles are outomatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount titles and enter O for the amounts. List debit entry before credit entry)
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