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please help I have no idea how to fill this out Equivalent Units Direct Materials Conversion Whole Units Units charged to production: Inventory in process,
please help I have no idea how to fill this out
Equivalent Units Direct Materials Conversion Whole Units Units charged to production: Inventory in process, May 1 Received from Milling Department Total units accounted for by the Sifting Department 800 14,200 15,000 Units to be assigned cost: Inventory in process, May 1 ( complete) Started and completed in May Transferred to Packaging Department in May Inventory in process, May 31 ( complete) Total units to be assigned cost COSTS Costs Conversion Direct Materials Total Costs per equivalent unit: Total costs for May in Sifting Department Total equivalent units Cost per equivalent unit Costs assigned to production: Inventory in process, May 1 Costs incurred in May Total costs accounted for by the Sifting Department Costs allocated to completed and partially completed units: Inventory in process, May 1 To complete inventory in process, May 1 Cost of completed May 1 work in process Started and completed in May Transferred to Molding Denartment in May PR 18-3A Equivalent units and related costs; cost of production report; entries White Star Flour Company manufactures flour by a series of three processes, beginning with wheat grain being introduced in the Milling Department. From the Milling Depart- ment, the materials pass through the Sifting and Packaging departments, emerging as packaged refined flour. The balance in the account Work in ProcessSifting Department was as follows on May 1, 2012: Work in ProcessSifting Department (800 units, 3s completed): Direct materials (800 x $2.25) $1,800 Conversion (800 x 3/5 $0.65) 312 $2,112 The following costs were charged to Work in ProcessSifting Department during May: Direct materials transferred from Milling Department: 14,200 units at $2.35 a unit $33,370 Direct labor 6,100 Factory overhead 3,924 During May, 14,000 units of flour were completed. Work in ProcessSifting Department on May 31 was 1,000 units, 45 completedStep by Step Solution
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