Question
Mosquito produces bottles of Strawberry/Rhubarb in three sequential processing departments: Blending, Carbonation, and Packaging. Assume that the Carbonation Department began September with $8,300 of unfinished
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Mosquito produces bottles of Strawberry/Rhubarb in three sequential processing departments: Blending, Carbonation, and Packaging. Assume that the Carbonation Department began
September with $8,300 of unfinished liquid. During September, the Carbonation process used $42,800 of direct materials and $12,900 of direct labour, and was allocated $17,200 of manufacturing overhead. In addition, during September, $126,500 was transferred out of the Blending Department and $196,700 was transferred out of the Carbonation Department. These transfers represent the cost of the Strawberry/Rhubarb liquid transferred from one process to another.
1. | Prepare a T-account for the Work in Process Inventorylong dashCarbonation showing all activity that took place in the account during September. |
2. | What is the ending balance in the Work in Process Inventorylong dashCarbonation on September 30? What does this figure represent? |
1. Prepare a T-account for the Work in Process Inventorylong dashCarbonation showing all activity that took place in the account during September.
Work in Process Inventory- Carbonation.
Beginning blance | |||
Ending Balance |
2. What is the ending balance in the Work in Process Inventorylong dashCarbonation on September 30? What does this figure represent?
The ending balance of $ ? represents the cost of making the (completed/partially completed?) bottles of Strawberry/Rhubarb (includes or does not incluude?) This the cost of blending the beverage and (includes or does not include includes?) the cost incurred so far on carbonation.
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Ending Balance |
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2. What is the ending balance in the Work in Process
Inventorylong dashCarbonation
on
SeptemberSeptember
30? What does this figure represent?
The ending balance of
$nothing
represents the cost of making the
completed
partially completed
bottles of Strawberry/Rhubarb. This
does not include
includes
the cost of blending the beverage and
does not include
includes
the cost incurred so far on carbonation.
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Ending Balance |
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2. What is the ending balance in the Work in Process
Inventorylong dashCarbonation
on
SeptemberSeptember
30? What does this figure represent?The ending balance of
$nothing
represents the cost of making the
completed
partially completed
bottles of Strawberry/Rhubarb. This
does not include
includes
the cost of blending the beverage and
does not include
includes
the cost incurred so far on carbonation.
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