Need help with forming and packaging the values that are highlighted on the bottom. Iw ill give a good review.
c) Equivalent units and Cost per equivalent unit of production: Because the 2nd department, Assembly, has 4 cost categories, the tables are duplicated such that the first table includes calculations for the cost categories Forming and Packaging and second table includes calculations for the cost categories "Other Direct Material" and "Conversion". Make sure you have amounts in all of the pale blue cells. Equivalent units of production (EUP)- weighted average method (Forming and Packaging) physical % Forming EUP- % EUP- Units Costs Forming Packaging Packaging Units completed and transferred out 22,550 100% 22,550 100% 22,550 Ending work in process - units 3,350 100% 3,350 100% 2,680 Total units 25,900 25,900 25,230 Cost per equivalent unit of production Materials Conversion Forming Packaging Costs of beginning work in process 21,700 307,440 14.1677$$ 27,711.86 Costs incurred this period 416,600 1,823,760 1,407, 160 100,000 Total costs 438,300 2, 131,200 1,692,900 Costs 634,800 : Equivalent units of production EUP 24,350 EUP 23,680 Cost per equivalent unit of production (show 4 decimal places) 18.0000 90.0000 + Equivalent units of production (EUP)- weighted average method (Other Direct Material and Conversion) physical2 % Other DM | EUP- Other % EUP- Units Costs DM Conversion Conversion Units completed and transferred out 22,550 100% 22,550 100% Ending work in process - units 3,350 00% 2,680 Total units 19,200 Cost per equivalent unit of Other Conversion production Costs of beginning work in process Costs incurred this period Total costs Costs 378,000.0 Costs 1,890,000.00 : Equivalent units of production EUP 18.00 EUP 90.00 Cost per equivalent unit of production (show 4 decimal places) 21,000.000 99,473.6842Units in WIP-Assembly Forming (connect) Factor (multiply) Assembly Beginning # of units 4,900 1.20 5,880 Ending # of units 3,350 0.80 2,680Costs in Beginning WIP-Assembly Forming Cost Forming Costs Factor Assembly Cost Assembly Category (connect) (multiply) Category N/A N/A given value Forming $400,000 N/A N/A given value Packaging 200,000 Direct Material Costs $21,700 0.40 Other DM $8,680 Conversion Costs $307,440 0.50 Conversion $153,720 Total Costs $329,140 $762,400Costs Added/Incurred in WIP-Assembly Forming Cost Forming Costs Factor Assembly Cost Assembly Category (connect) (multiply) Category "transferred OUT" N/A Q21 JE Forming 2,268,000 Direct Material Costs 416,000 1.20 Packaging 499,200 Direct Material Costs 416,000 0.60 Other DM 249,600 Conversion Costs 1,823,760 1.50 Conversion 2,735,640 Total Costs 5,752,440 Added/Incurred
