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Johnson Winery in Albany, New York, has two departments: Fermenting and Packaging Direct materials are added at the beginning of the proces e and at the end of the packaging process (bottles). Conversion costs are added evenly throughout each process. Data from the month of March for the Fermenting Department are as follows: Click the icon to view the data from March.) Read the requirements Requirement 1. Fill in the time line for the Fermenting Department. Conversion costs added evenly throughout the process 80% Complete 100% Complete Start Transferred out to Packaging Direct materials (grapes) added 6.560 gallons completed and transferred out 1.400 gallons incomplete Requirement 2. Summarize the flow of physical units and compute the total equivalent units Fermenting Department Choose from any list or enter any number in the input fields and then continue to the next question Johnson Winery in Albany, New York, has two departments: Fermenting and Packaging Direct materials are Boed te begening of the and at the end of the packaging process (bottles). Conversion costs are added evenly throughout each process. Data from the mom of Marth Department are as follows: :: Click the icon to view the data from March.) a process Fermenting Read the requirements. Requirement 2. Summarize the flow of physical units and compute the total equivalent units. Equivalent Units Direct Conversion Materials Costs Fermenting Department Equivalent Unit Computation Month Ended March 31 Flow of Physical Flow of Production Units Units to account for: 2100 Beginning work in process, March 1 5860 Plus: Started in production during March 7960 Total physical units to account for Units accounted for: 6560 1400 6560 6560 1120 1400 Completed and transferred out Plus: Ending work in process, March 31 7960 Total physical units accounted for nu number in the input fields and then continue to the next question Johnson Winery in Albany, New York, has two departments: Fermenting and Packaging Direct materials are added at the beginning of the fermenting process (grapes and at the end of the packaging process (bottles). Conversion costs are added evenly throughout each process. Data from the month of March for the Fermenting Department are as follows: Click the icon to view the data from March.) Read the requirements Fermenting Department Equivalent Unit Computation Month Ended March 31 Equivalent Units Flow of Physical Units Direct Materials Conversion Costs Flow of Production Units to account for: Beginning work in process, March 1 Plus: Started in production during March 2100 5860 - 7960 Total physical units to account for Units accounted for: Completed and transferred out Plus: Ending work in process, March 31 6560 6560 6560 1400 1400 1120 Total physical units accounted for 7960 Total equivalent units 7960 Choose from any list or enter any number in the input fields and then continue to the next question Johnson Winery in Albany, New York, has two departments Formenting and Packaging Direct materials are added at the beginning of the fermenting process grapes and at the end of the packaging process (bottles). Conversion costs are added evenly throughout each process. Data from the month of March for the Fermentina Department are as follows: Click the icon to view the data from March.) Read the requirements Requirement 3. Summarize total costs to account for and compute the cost per equivalent unit for direct materials and conversion costs E unit to the nearest cent.) c o per Fermenting Department Cost per Equivalent Unit Month Ended March 31 Direct Materials Conversion Costs Total Beginning work in process Plus: Costs added during March Total costs to account for Divided by: Total equivalent units Cost per equivalent unit Requirement 4. Assign total costs to units (gallons) (a) completed and transferred out to the Packaging Department and (b) in the Fermenting Department's ending work in process inventory. (Enter quantities first, then the cost per equivalent unit amounts in the same order as calculated in the preceding stop. Enter your answers to the nearest cent.) Choose from any list or enter any number in the input fields and then continue to the next question Johnson Winery in Albany, New York, has two departments: Fermenting and Packaging Direct materials are added at the beginning of the fermenting process forces and at the end of the packaging process (bottles). Conversion costs are added evenly throughout each process. Data from the month of March for the Fermentin Department are as follows: E: (Click the icon to view the data from March.) Read the requirements Requirement 4. Assign total costs to units (gallons) (a) completed and transferred out to the Packaging Department and (b) in the Femenina Departementendre work in process inventory. (Enter quantities first, then the cost per equivalent unit amounts in the same order as calculated in the preceding Enter your to the nearest cent.) Fermenting Department Month Ended March 31 Assigning Costs Direct Materials Conversion Costs Total a. Completed and transferred out: Equivalent units completed and transferred out Multiplied by: Cost per equivalent unit Costs assigned to units completed and transferred out b. Ending work in process: Equivalent units in ending work in process, March 31 Multiplied by: Cost per equivalent unit Costs assigned to units in ending work in process, March 31 Choose from any list or enter any number in the input fields and then continue to the next question Jepartments: Fermenting and Packaging Direct materials are added at the beginning of the fermenting process u packaging process (bottles). Conversion costs are added evenly throughout each process. Data from the month of March for the Fermeture Department are as follows: Click the icon to view the data from March.) Read the requirements. Costs assigned to units completed and transferred out b. Ending work in process: Equivalent units in ending work in process, March 31 Multiplied by: Cost per equivalent unit Costs assigned to units in ending work in process, March 31 Total costs accounted for Requirement 5. What is the average cost per gallon transferred out of Fermenting into Packaging? Why would the company's managers want to know this cost First, identify the labels to compute the average cost per gallon transferred out, then compute the average cost per unit (Abbreviation used Ave r e Ente your answer to two decimal places.) Avg. cost Total cost of units completed and transferred out / Completed and transferred out units per gallon Why would Johnson's managers want to know this cost? Managers will want to know this cost to compare it to their They may also use the cost information when Choose from any list or enter any number in the input fields and then continue to the next question 1 Data Table hout 2,100 gallons 5,860 gallons 6,560 gallons 1,400 gallons ster Gallons: Beginning work in process inventory Started production Completed and transferred out to Packaging in March Ending work in process inventory (80% of the way through the fermenting process) Costs: Beginning work in process inventory ($2,500 of direct $ materials and $3,715 of conversion cost) Costs added during March: Direct materials ....... $ Direct labor Manufacturing overhead $ Total costs added during March 6,215 9.440 600 1,829 11,869 Print Print Done Done