of 616 complete HW Score: 91.43%, 91.43 of 1 E18-22 (book/static) Question Help Color Explosion prepares and packages paint products Color Explosion has two departments Blending and Packaging Color Explosion completed the following production cost report for Blending Department for the month of May Deds are added at the beginning of the landing process (yes) and at the end of the packaging process (Click the icon to view the assignment of costs) Data from the month of May for the Blending Department are as follows: the icon to view the data from May) Conversion costs are added evenly throughout each process. The company uses the weighted average method. Read the moments Netrare the journal entry to record the costs of the gallons completed and Vansferred out to the Packaging Department Date Accounts Debit Credit May 31 Work in Process inventory-Packaging 7,830 WordPresventory-Branding 7.930 Requirement. Post the jumalates to the Work in Process Inventory lending account. What is the ending balance? Post there in the appropriate descontos as posting references. Denot the ending balance as a Work in Process Inventory-Beding is ( dya 7s.) are as Data Table ach pro comple O gallons 8,500 gallons 6,500 gallons 2,000 gallons Gallons Beginning Work-in-Process Inventory Started in production Completed and transferred out to Packaging in May Ending Work-in-Process Inventory (30% of the way through the blending process) Costs Beginning Work-in-Process Inventory Costs added during May: Direct materials Direct labor Manufacturing overhead allocated Total costs added during May s Invento references 0 ending 5,525 1,500 2,547 $ 9,572 Print Done elds and the room ts. Color EX inding proce Department Reference report for its Blend bess. The company the gallons aging ending Total Costs 0 -in-Process Color Explosion Production Cost Report - Blending Department (Partial) Month Ended May 31 Direct Conversion COSTS Materials Costs Costs to account for: Beginning work-in-process 0$ OS Costs added during the period 5,525 4,047 Total costs to account for 5,525 4,047 Divided by: Total EUP 8,500 7.100 Cost per equivalent unit $ 0.65 $ 0.57 Costs accounted for: Completed and transferred out $ 4,225 $ 3,705 $ Ending work-in-process 1,300 342 Total costs accounted for $ 5,525 $ 4,047 $ 9,572 as posting roll 9,572 intory-Blend 7.930 1,042 9,572 Input fields Print Dono Clear All