P20-36B

Learning Appendix 20A P20A-35A Preparing a production cost report, second department with beginning WIP; recording transactions Work Problem P20-32A using the FIFO method. The Dyeing Department beginning work in process of 55 units is 40% complete as to conversion costs. Round equivalent unit of production costs to four decimal places. 1. Total EUP for DM 560 Learning Objectives 2, 1. Total cost per EUP $5.87 2. WIP Balance $103,302 > Problems Group B For all Problems, assume the weighted-average method is to be used unless you are told otherwise. P20-36B Preparing a production cost report, no beginning WIP or cost transferred in Lori Electronics makes DVD players in three processes: assembly, programming, and packaging. Direct materials are added at the beginning of the assembly pro- cess. Conversion costs are incurred evenly throughout the process. The Assembly Department had no Work-in-Process Inventory on March 31. In mid-April, Lori Electronics started production on 95,000 DVD players. Of this number, 68,000 DVD players were assembled during April and transferred out to the Programming Department. The April 30 Work-in-Process Inventory in the Assembly Department was 30% of the way through the assembly process. Direct materials costing $280,250 were placed in production in Assembly during April, direct labor of $152,712 was assigned, and manufacturing overhead of $69,500 was allocated to that department. Requirements 1. Prepare a production cost report for the Assembly Department for April. 2. Prepare a T-account for Work-in-Process Inventory-Assembly to show its activity during April, including the April 30 balance. P20-37B Preparing a production cost report, no beginning WIP or costs transferred in; journal entries Learning Objectiv