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please help (: Scribners Corporation produces fine papers in three production departments-Pulping. Drying, and Finishing. In the Pulping Department, raw materials such as wood fiber
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Scribners Corporation produces fine papers in three production departments-Pulping. Drying, and Finishing. In the Pulping Department, raw materials such as wood fiber and rag cotton are mechanically and chemically treated to separate their fibers. The result is a thick slurry of fibers. In the Drying Department, the wet fibers transferred from the Pulping Department are laid down on porous webs pressed to remove excess liquid, and dried in ovens. In the Finishing Department, the dried paper is coated, cut and spooled onto reels. The company uses the weighted-average method in its process costing system. Data for March for the Drying Department follow Percent Completed Units Pulping Conversion Work in process inventory, March 1 3,000 1eex sex Work in process inventory, March 31 6,eee 1ee 75% Pulping cost in work in process inventory, March 1 51,545 Conversion cost in work in process inventory, March 1 $ 1,920 Units transferred to the next production department 156,900 Pulping cost added during March $ 86,421 Conversion cost added during March $ 50,312 No materials are added in the Drying Department, Pulping cost represents the costs of the wet fibers transferred in from the Puiping Department. Wet fiber is processed in the Drying Department in batches, each unit in the above table is a batch and one batch of wet fibers produces a set amount of dried paper that is passed on to the Finishing Department Required: 1. Compute the Drying Department's equivalent units of production for pulping and conversion in March. 2. Compute the Drying Department's cost per equivalent unit for pulping and conversion in March. 3. Compute the Drying Department's cost of ending work in process inventory for pulping, conversion, and in total for March 4. Compute the Drying Department's cost of units transferred out to the Finishing Department for pulping, conversion, and in total in March 5. Prepare a cost reconciliation report for the Drying Department for March Complete this question by entering your answers in the tabs below. Fegured 1 Required 2 Required 3 Required 4 Required 5 Compute the Drying Department's equivalent units of production for pulding and conversion in March. Pulping Conversion Equivalent units of production Faquired Required 2) Required: 1. Compute the Drying Department's equivalent units of production for pulping and conversion in March. 2. Compute the Drying Department's cost per equivalent unit for pulping and conversion in March. 3. Compute the Drying Department's cost of ending work in process inventory for pulping, conversion, and in total for March 4. Compute the Drying Department's cost of units transferred out to the Finishing Department for pulping, conversion, and in total in March 5. Prepare a cost reconciliation report for the Drying Department for March Complete this question by entering your answers in the tabs below. Required: Required 2 Required 3 Required 4 Required Compute the Drying Department's cost per equivalent unit for pulping and conversion in March. (Round your answers to 2 decimal places.) Pulping Conversion 3 70.00 35.00 Cost per equivalent unit Required: 1. Compute the Drying Department's equivalent units of production for pulping and conversion in March. 2 Compute the Drying Department's cost per equivalent unit for pulping and conversion in March 3. Compute the Drying Department's cost of ending work in process inventorv for pulping conversion, and intor March. 4. Compute the Drying Department's cost of units transferred out to the Finishing Department for pulping. conversion, and in total in March 5. Prepare a cost reconciliation report for the Drying Department for March ok ences Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Compute the Drying Department's cost of ending work in process inventory for pulping, conversion, and in total for March (Round your intermediate calculations to 2 decimal places.) Pulping 3.270 Conversion 5 0.5325 Total 4.800 Cost of ending work in process inventory Require 1. Compute the Drying Depa It's equivalent units of production for pulping and rsion in March 2. Compute the Drying Department's cost per equivalent unit for pulping and conversion in March. 3. Compute the Drying Department's cost of ending work in process inventory for pulping, conversion, and in total for March 4. Compute the Drying Department's cost of units transferred out to the Finishing Department for pulping, Son, and in total in March 5. Prepare a cost reconciliation report for the Drying Department for March cor Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required a Required 4 Required 5 Compute the Drying Department's cost of units transferred out to the Finishing Department for pulping, conversion, and in total in March. (Round your intermediate calculations to 2 decimal places.) Pulping Conversion Total Cost of units completed and transferred out 4. Compute the Drying Department's cost of units transferred out to the Finishing Department of conversion, and in total in March 5. Prepare a cost reconciliation report for the Drying Department for March Complete this question by en your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Prep cost reconciliation report for the Drying Department for March. Round your intermedi calculations to 2 decimal place Drying Department Cost Reconciliation Costs to be socounted for 5 0 Total cost to be accounted for Costs accounted for as folows: Total cost accounted for $ 0 Step by Step Solution
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