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Please explain step by step .. r uuu w. name 11;: foilOWing information concerns pmduction in the Forging Department for June. The Forging Department uses

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.. r uuu w. name 11;: foilOWing information concerns pmduction in the Forging Department for June. The Forging Department uses the Weighted average method. ACCOUNT Work in ProcessForging Department ACCOUNT NO. Date Item Debit CreditL Debit Credit June 1 Bal., 500 units. 40% completed 5.000 30 Direct materials, 3,700 units 49,200 54.200 30 Direct labor 25,200 79,400 30 Factory overhead 25,120 104,520 30 Goods transferred, 3,600 units ? 7" 30 Bal., 600 units, 70% compieted ? 3. Determine the cost per equivalent unit. $ per equivalent unit b. Determine cost of units transferred to Finished Goods. $ c. Determine the cost of units in ending Work in Process. $ 12,600 units were 9 of the period, . and the following 0 units 25% completed at the beginnin . the end of the period, completed at rocess account during the Department G had 1,80 completed during the period, 1,500 units were 20% manufacturing costs debited to the departmental work in p Work in process, beginning of period $30,200 Costs added during period: Direct materials (12,300 units at $8) 98,400 78,000 26,000 Direct labor Factory overhead method of production and the rst-in, first-out d of the All direct materials are placed in process at the beginning of dollar)? a. $13,880 b. $18,859 0. $12,000 d. $14,507 6. MC.17.79.ALGO (Algorithmic) Department G had 1,920 units 25% completed at the beginning of the period, 12,400 units were completed during the period, 1,600 units were 20% completed at the end of the period, and the following manufacturing costs debited to the departmental work in process account during the period: Work in process, beginning of period $33,100 Costs added during period: Direct materials (12,080 units at $8) 96,640 Direct labor 84,600 Factory overhead 28,200 All direct materials are placed in process at the beginning of production and the first-in, first-out method of inventory costing is used. The total cost of 1,920 units of beginning inventory which were completed during the period is (do not round unit cost calculations) $46,371 $47,971 $33,100 $43,715 7. MC.17.80.ALGO (Algorithmic) Department G had 2,280 units 25% completed at the beginning of the period, 13,100 units were completed during the period; 1,900 units were 20% completed at the end of the period, and the following manufacturing costs debited to the departmental work in process account during the period' / / Work in process, beginning of period $30,800 Costs added during period: Direct materials (12,720 units at $8) 101,760 Direct labor 83,400 Factory overhead 27,800 All direct materials are placed in process at the beginning of production and the rst-in, rstout method of inventory costing is used. The total cost of the units started and completed during the period is (do not round unit cost calculations) $179,758 $161,118 $198,397 $86,560 8. MC.]7.81.ALGO (Algorithmic) Department R had 4,400 units in work in process that were 75% completed as to labor and overhead at the beginning of the period; 37,600 units of direct materials were added during the period; 39,000 units were completed during the period; and 3,000 units were 28% completed as to labor and overhead at the end of the period. All materials are added at the beginning of the process. The first-in, first-out method is used to cost inventories. The number of equivalent units of production for conversion costs for the period was 40,940 39,000 36,540 46,400 9. MC.17.83.ALGO (Algorithmic) Department 5 had no work in process at the beginning of the period. It added 11,800 units of direct materials during the period at a cost of $82,600; 8,850 units were completed during the period; and 2,950 units were 34% completed as to labor and overhead at the end of the period. All materials are added at the beginning of the process. Direct labor was $59,900 and factory overhead was $9,300. The total cost of units completed during the period was $148,926 $124,105 $115,752 $61,950 10. MC.17.113 \"0! {U \\_;s 'l: Blue Lake Water Company has two departments, Purifying and Bottling. The Bottling Department FEWWed 76,000 liters from the Purifying Department. During the period, the Bottling Department completed 74,000 liters, including 3,000 liters of work in process at the beginning of the period. The ending work in process was 5,000 liters. The number of liters started and completed during the period is a. 79,000 0. 69,000 c. 73,000 d. ?1,000 11. EX.17.24 Equivalent Units of Production and Related Costs The charges to Work in ProcessBaking Department for a period as well as information concerning production are as follows. The Baking Department uses the weighted average method, and all direct materials are placed in process during production. Work In ProcessBaking Department 3:31., 900 units, 40% completed 2,466 To Finished Goods, 8,100 units Direct materials, 8,400 units 34,500 Direct labor 16,200 Factory overhead 8,574 Bal., 1,200 units, 60% completed ? a. Determine the number of whole units to be accounted for and to be assigned costs. units b. Determine the number of equivalent units of production. units c. Determine the cost per equivalent unit. $ per equivalent unit d. Determine the cost of units transferred to Finished Goods. $ 1:. Determine the cost of units in ending Work in Process. :5 12. EX.17.25 Cost per Equivalent Unit: Weighted average method A P

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