Nicholas M Process Cost F2020-1. Compatibility Mode - Word References Layout Mailings Review View Help Layout Table Design 0-A A A A A Aalbcd AaBBC ABC Aalbel Aabbcc AaBbc AaBbce Emphis Heading 1 Normal Strong Title Subtitle 1 No Space Se F font Para Process Casting - FIFO Assumptions The Stones Company had unfinished units in both of its manufacturing operations. Production and cost data for the prior month for both Departments is provided below: End of Month Beginning of Month 24.000 20,000 Department A Beginning units Percentage completion Direct material Direct labor and overhead 100% 75% 1004 604. Beginning Costs $ 188,000 Inputs for Month Department A Units introduced 60,000 Cost introduced Direct material Direct labor and overhead S 315.000 S 261,000 End of Month Beginning of Month 8.000 10,000 Department B Beginning units Percentage completion Direct material Direct labor/overhead 100% 2594 100% 30% Beginning costs $ 92.000 Inputs for Month --Department B Units introduced 7 Cost introduced 7 Transferred in Direct material $ 83.200 Direct labor & overhead $ 214.200 Focus T O RI DII F3 F2 PrtScn FB End F5 Home 59 Poup F6 FID FUL Nicholas Help Table Design Layout ProcesCost 2020-1 Compatibility Mode . Word Layout References Mailings View 10 A A A A E 15 Aabet AaBbc ABC ABCel AaBbcc AaBbc Aabel Emphase 1 Normal Strong Subtitle No Space Beginning of Month End of Month 8.000 10,000 Department Beginning units Percentage completion Direct material Direct labor/overhead 100% 25% 100% 3096 $ 92,000 Beginning costs Inputs for Month--Department B Units introduced Cost introduced 2 Transferred in 7 Direct material $83,200 Direct labor & overhead $ 214,200 ANSWER SHEET Managerial Accounting - 214 SVSU Name O BRI Heview Vw HEP Layout References Mailings A A A AE. 211 A-D-A ESE 103 Paragraph AaBbcc AaBbc Aabbel AaBb el AaBbcc AaBbc AaBbcc Emphasis Heading 1 1 Normal Strong Subtitle Title 1 No Space Styles A. Required: Complete the following sequence of steps for Department A. 1. Compote physical flow and equivalent full units 2. Compute unit costs. 3. Determine ending work-in-process for Department A 4. Prepare the journal entry to transfer costs to Departament B. Work-In-Process Dept. A Beg. WIP 188.000 315.000 DL & OH... 261.000 (transferred out) DM DM Work in Process - Dept. B Beg: WIP 92.000 TI () 83.200 DL &OH 214,200 Transferred to FG) O Dll x 24 00 FS F6 Prtsen FB Home F End FO Poup FY Process Cost F2020-1 - Compatibility Mode - Word Search Design Layout References Mailings Review View Help Table Design Layout 10 - A A A A ... 21 XX A.D.A. ES. OB- AaBbCd. AaBbc AaBbCel AaBbel AaBbCcD: AaBb C AaBb Emphasis Heading 1 Normal Strong Subtitle Title 1 Nos Forte 19 Paragraph Styles Work-In-Process Depl. A Bee WIP 188.000 DM 315.000 (?) DL & OH. 261.000 (transferred out) Work in Process Dept. Beg. WIP 92,000 TI @) DM. 83,200 (?) DL &OH 214,200 Transferred to FAG End WIP End. WIP - 10-A A A A dalle AaBbc Aalbel AaBb el AaBbcc AaBbc Aabbel 1 Normal Esphases Heading 1 Strong Tele 1 No Space septes A. Required: Complete the following sequence of steps for Department B. 1. Compute physical flow and equivalent felis Physical Flow 2. Compute unit costs. 3. Determine the ending work in process for Department 4. Prepare the journal entry to transfer costs to Finished Good. Finished Goods NA Beg. FG Work-In-Process - Dept. B Beg WIP 92.000 TI DM 83.200 DLRON 214,200 transferred to FG) transferred from Dept. B End Dros O i E BD PII di PrtScn FB Home 19 15 End FVO Poup F2 F7 & $ 4 % 5 3 6 7 0