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please help this is cost accounting need questions 1-5 EXERCISE 4-11 Comprehensive Exercise; Second Production Department-Weighted-Average Method L04-2, Lo4-3, L04-4, Lo4 -5 Seribucrn Corporation producen

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please help this is cost accounting
need questions 1-5
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image text in transcribed
EXERCISE 4-11 Comprehensive Exercise; Second Production Department-Weighted-Average Method L04-2, Lo4-3, L04-4, Lo4 -5 Seribucrn Corporation producen fine papers in thrce production departments. Pulping. Drying, ind Finisthing. In the Pulping Departanent, raw ineternals auch an wood fiber and rag cotton are mechunically and chemically treated to separate their fitient. The remult in a thick olumry of fiben- In the Dryme Department, the wet fibers transferred from the Pulping Department are laid down on poroun weba, prenned to remove excens liquid, and dried th ovenn in the Finiahing Department, the dried paper in couted, cut, mad spooled onto reels. The company usen the weighted-average method in its peocent epeutron system. Data for March for the Drying Department follow: No materials are added in the Drying Department. Pulping cost represents the costs of the wet fibers transferred in from the Pulping Depastment. Wet fihe is processed in the Drying Department in batches; each tmit in the above table is a bateh and one bateh of wet fibers produces a set amotint of dried pape that is passed on to the Finishing Department. Roquired: 1. Compute the Drying Department's equavalent units of production for pulping and convervion in March. 2. Compute the Drying Department's cost per equivalent unit for pulping and coaversion 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. EXERCISE 4-11 Comprehensive Exercise; Second Production Department-Weighted-Ayerage Method LO4-2, LO4-3, LO4-4, LO4-5 auch as wood fiber and rag cotton are mechanically and chemically treated to weparate their fiben. The renult is a thick alurry of fiberi. In the Dryiug Department, the wet fibeni transferred from the Pulping Department are litid down on porour webs, preased to remove excess liquich, und dried in ovens. tex. the Finishing Depurtment, the dried paper in coated, cut, and spooled onto reels. The company usen the weighted-avernge method in its procent coitinis nystern. Dati for March for the Drying Department follow: No materials are added in the Drying Department. Pulping cont represents the costi of the wet fibers tranaferred in from the Pulping Departinetut Wet niber in processed in the Drying Department in batehes; cach triit in the above table is a bateh and one bateh of wet fibers produces a set amount of dried prijiet that is passed on to the Finishing Department. Roquired: 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 coaversion in March. 3. Compute the Drying Department's cost of ending work in process inventory for pulping, converiion, 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

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