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Please help me with this question! Equivalent Units Beginning Work-in-Process Inventory Started in production Completed and transferred out to Compression in January Ending Work-in-Process inventory

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Equivalent Units Beginning Work-in-Process Inventory Started in production Completed and transferred out to Compression in January Ending Work-in-Process inventory (30% of the way through the preparation process) COSTS Beginning Work-in-Process Inventory Costs added during January: 0 sheets 3,700 sheets 2,000 sheets Whole Transferred Direct Materials Conversion UNITS Units In Wood Adhesive Costs Units to account for Beginning work-in-process 1,700 sheets 2000 Completed and transferred out 2000 Total units to account for Units accounted for Wood Started in production 3108 1240 3,108 1,240 558 1,450 S 6,356 n/a Ending work-in-process Direct labor Direct Materials Total Transferred Conversion Manufacturing overhead allocated COSTS Costs to account for Total units accounted for In Wood Adhesives Costs Costs Transfenn Direct Materials Conversion Tota In Wood Adhesives Costs Costs Costs to account for n/a n/a n/a n/a Total costs to account for Cost per equivalent unit Costs accounted for Requirement 2. Prepare the journal entry to record the cost of the sheets completed and transferred out to the Compression Depart Date Accounts Debit Credit Jan. 31 Requirement 3. Post the journal entries to the Work in process inventory Preparation T-account. What is the ending balance? Post all transactions to the Work-in-Process Inventory Preparation T-account using the appropriate descriptions as posting referen side of the T-account. Work-in-Process Inventory-Preparation Bal. Dec. 31

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