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56-16 (similar to) Question Help O Pure Springs produces premium bottled water. Pure Springs purchases artesian water, stores the water in large tanks, and then runs the water through two processes: filtration and bottling. At Pure Springs, water is added at the beginning of the filtration process. Conversion costs are added evenly throughout the process. During February, the filtration process incurred the following costs in processing 220,000 litres: BE: (Click the icon to view the costs.) (Click the icon to view additional data.) Complete Steps 3 and 4 of the process costing procedure: Summarize total costs to account for and then compute the cost per equivalent unit for both direct materials and conversion costs. Complete the table below. (For entries with a zero balance, make sure to enter "0" in the appropriate cell. Round the cost per equivalent unit to two decimal places.) Pure Springs Filtration Department Cost per Equivalent Unit Direct Conversion Flow of Production Materials Costs Total costs to account for Pure Springs Filtration Department Cost per Equivalent Unit Direct Conversion Flow of Production Materials Costs Beginning work in process, February 1 Completed and transferred out during February Costs added during February Divide by equivalent units Ending work in process, February 28 remaining put fields and then click Check Answer. X i Data Table Wages of workers operating the filtration equipment Wages of workers operating ozonation equipment.. Manufacturing overhead allocated to filtration 13,500 14,000 26,500 180,000 Water Print Done X i - Data Table Pure Springs Filtration Department Flow of Physical Units and Computation of Equivalent Units Flow of Equivalent Units Physical Direct Conversion Flow of Production Units Materials Costs Units to account for: Beginning work in process, February 1 0 Started in production during February 220,000 220,000 Total physical units to account for Units accounted for: Completed and transferred out during February 130,000 130,000 130,000 Print Done 56-16 (similar to) Question Help O Pure Springs produces premium bottled water. Pure Springs purchases artesian water, stores the water in large tanks, and then runs the water through two processes: filtration and bottling. At Pure Springs, water is added at the beginning of the filtration process. Conversion costs are added evenly throughout the process. During February, the filtration process incurred the following costs in processing 220,000 litres: BE: (Click the icon to view the costs.) (Click the icon to view additional data.) Complete Steps 3 and 4 of the process costing procedure: Summarize total costs to account for and then compute the cost per equivalent unit for both direct materials and conversion costs. Complete the table below. (For entries with a zero balance, make sure to enter "0" in the appropriate cell. Round the cost per equivalent unit to two decimal places.) Pure Springs Filtration Department Cost per Equivalent Unit Direct Conversion Flow of Production Materials Costs Total costs to account for Pure Springs Filtration Department Cost per Equivalent Unit Direct Conversion Flow of Production Materials Costs Beginning work in process, February 1 Completed and transferred out during February Costs added during February Divide by equivalent units Ending work in process, February 28 remaining put fields and then click Check Answer. X i Data Table Wages of workers operating the filtration equipment Wages of workers operating ozonation equipment.. Manufacturing overhead allocated to filtration 13,500 14,000 26,500 180,000 Water Print Done X i - Data Table Pure Springs Filtration Department Flow of Physical Units and Computation of Equivalent Units Flow of Equivalent Units Physical Direct Conversion Flow of Production Units Materials Costs Units to account for: Beginning work in process, February 1 0 Started in production during February 220,000 220,000 Total physical units to account for Units accounted for: Completed and transferred out during February 130,000 130,000 130,000 Print Done
