MUITWUIR. Chapter 17 Homework Score: 0.27 of 1 pt 4 of 5 (4 complete) E17-31 (similar to) HW Score: 45.42%, 2.27 of B Question Help Cozy Clothing, Inc. is a manufacturer of winter clothes. It has a knitting department and a finishing department. This exercise focuses on the finishing department Direct materials are added at the end of the process. Conversion costs are added evenly during the process. Cozy uses the weighted average method of process costing. The following information for June 2017 is available Click the icon to view the information.) Read the requirements Requiremen 1 Data Table D Work in prog E Physical Units Transferred in Direct Conversion (tons) Costs Materials Costs 100 $ 100,000 $ 0$ 40,000 A 100% 0% 60%| 120 Transferred To account Completed 12 Work in process, beginning inventory (June 1) Degree of completion, beginning work in 13 process 4. Transferred-in during June 5 Completed and transferred out during June 6 Work in process, ending inventory (June 30) Degree of completion, ending work in process 8 Total costs added during Jone Work in prog Accounted to Equivalent u 100% 162,000 $ 0% 45,000 75% 95,400 Print Done faldend then click heAnswP E17-31 (similar to) Question Help Cozy Clothing, Inc. is a manufacturer of winter clothes. It has a knitting department and a finishing department. This exercise focuses on the finishing department Direct materials are added at the end of the process. Conversion costs are added evenly during the process. Cozy uses the weighted average method of process costing. The following information for June 2017 is available. (Click the icon to view the information.) Read the requirements Requirement 1. Calculate equivalent units of transferred-in costs, direct materials, and conversion costs. (Enter a "O" for any zero balances.) Equivalent Units Physical Units Transferred-In Direct Conversion (tons) Costs Materials Costs Work in process, beginning inventory (June 1) Transferred in during June To account for Completed and transferred out during June Work in process, ending inventory (June 30) Accounted for Equivalent units work done to date Requirement 2. Summarize the total costs to account for and calculate the cost per equivalent unit for transferred-in costs, direct materials, and conversion costs Begin by summarizing the total costs to account for. (Enter a "O" for any zero balances) Total Transferred-In Direct Conversion Production Costs Costs M aterials Costs Choose from any list or enter any number in the input fields and then click Check Answer 2 parts Clear All Check Answer remaining Begin by summarizing the total costs to account for. (Enter a "O" for any zero balances) Total Transferred-In Direct Production Costs Costs Materials Work in process, beginning Costs added in current period Conversion Costs Total costs to account for Choose from any list or enter any number in the input fields and then click Check Answer Calculate the cost per equivalent unit for transferred-in costs, direct materials and conversion costs. (Round your answers to the nearest cent Conversion Transferred In Costs Direct Materials Costs Divide by Cost per equivalent unit Choose from any list or enter any number in the input fields and then click Check Answer 1 part remaining Clear All Check Answer Requirement 3. Assign costs to units completed (and transferred out) and to units in ending work in process. (Enter a "O" for any zero balances your answers to the nearest whole dollar.) Total Transferred-In Costs Direct Materials Conversion Costs Production Costs Assignment of costs: Completed and transferred out Work in process, ending Total costs to account for Gintaran menthe edit
