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Monsta Cola hires us to help assign and report costs. The company has two departments: mixing and bottling. To aid our analysis, the following Tableau
Monsta Cola hires us to help assign and report costs. The company has two departments: mixing and bottling. To aid our analysis, the following Tableau Dashboard is provided with information for the mixing department. The company uses the weighted average method.
Monsta Cola hires us to help assign and report costs. The company has two departments: mixing and bottling. To aid our analysis, the following Tableau Dashboard is provided with information for the mixing department. The company uses the weighted average method. 190.ooo Process Inventory (In Units) , 640,000 units Beginning inventory Units started this period 22001000 solve for this value Units completed and transferred Ending inventory units 0 100,000 200,000 300,000 400,000 500,000 600,000 700,000 800,000 10096 Work in Process Inventory Completion Percentages Beginning Ending Materials percent completion, Beginning 70% Material percent completion, Ending 60% 80% 60% 40% Conversion percent completion, Ending 40% 2096 Conversion percnt completion, Beginning 30% 096 Direct Materials Conversion Direct Materials Conversion Work in Process Inventory Costs Beginning Inventory Costs Inventory Costs Added During Month 142,500 Conversion Conversion 1,810,000 $390.000 Direct Materials 2,460,000 Direct Materials tableau + K TO 1. Compute the total equivalent units of production for direct materials and conversion. 2. Compute the costs per equivalent unit of production. 3. Assign costs to the mixing department's output (units transferred to bottling and ending work in process inventory). Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the total equivalent units of production for direct materials and conversion. Direct materials Conversion 1. Compute the total equivalent units of production for direct materials and conversion. 2. Compute the costs per equivalent unit of production. 3. Assign costs to the mixing department's output (units transferred to bottling and ending work in process inventory). Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the costs per equivalent unit of production. (Round your answers to 2 decimal places.) Direct materials Conversion per EUP per EUP 1. Compute the total equivalent units of production for direct materials and conversion. 2. Compute the costs per equivalent unit of production. 3. Assign costs to the mixing department's output (units transferred to bottling and ending work in process inventory). Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Assign costs to the mixing department's output (units transferred to bottling and ending work in process inventory). (Round "Cost per EUP" to 2 decimal places.) EUP Cost per EUP Total cost Cost Assignment and Reconciliation Cost of units transferred out Direct materials Conversion Total costs transferred out Costs of ending work in process Direct materials Conversion Total costs of ending work in process Total costs assigned Cost per EUP 0.00 $ 0.00 Total cost 0.00 0.00Step by Step Solution
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