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Please answer all parts for positive feedback :) ! Required information [The following information applies to the questions displayed below.] Dengo Company makes a trail
Please answer all parts for positive feedback :)
! Required information [The following information applies to the questions displayed below.] Dengo Company makes a trail mix in two departments: Roasting and Blending. Direct materials are added at the beginning of each process, and conversion costs are added evenly throughout each process. The company uses the FIFO method of process costing. October data for the Roasting department follow. Direct Materials Percent Complete 100% Conversion Percent Complete 30% Beginning work in process inventory Units started and completed Units completed and transferred out Ending work in process inventory Units 4,400 20,600 25,000 3,800 100% 70% $ 124,790 Beginning work in process inventory Costs added this period Direct materials Conversion Total costs to account for $ 314,760 1,374,948 1,689,708 $ 1,814,498 Required: 1. Compute equivalent units of production for both direct materials and conversion. Equivalent units of production (EUP)- FIFO method Units Direct Materials % Added EUP Conversion % Added EUP 0 0 0 Required: 1. Compute equivalent units of production for both direct materials and conversion. Equivalent units of production (EUP)- FIFO method Units Direct Materials % Added EUP Conversion % Added EUP 0 0 0 Beginning work in process Ending work in process Started and completed this period Units completed and transferred out 2. Compute cost per equivalent unit of production for both direct materials and conversion. Cost per equivalent unit of production Materials Conversion = Equivalent units of production Cost per equivalent unit of production 2. Compute cost per equivalent unit of production for both direct materials and conversion. Cost per equivalent unit of production Materials Conversion ............. Cost of beginning work in process Cost of ending work in process Costs added this period Costs transferred out 3. Assign costs to the department's output-specifically, to the units transferred out and to the units that remain in work in process at period-end. (Round "Cost per EUP" to 2 decimal places.) Cost assignment-FIFO Beginning work in process To complete beginning work in process Direct materials Conversion EUP Cost per EUP Total cost EUP Cost per EUP Total cost Started and completed Direct materials Conversion $ 0 $ 0.00 EUP Completed and transferred out Ending work in process Direct materials Conversion Cost per EUP Total cost $ 0.00 $ $ 0.00 0 0 Total costs accounted forStep by Step Solution
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