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Required information (The following information applies to the questions displayed below. 1.5 points Stem Games manufactures playing cards. It has three departments: Printing, Cutting &
Required information (The following information applies to the questions displayed below. 1.5 points Stem Games manufactures playing cards. It has three departments: Printing, Cutting & Collating, and Wrapping. Transferred-in costs are considered materials costs. The following information is available for the Wrapping department for the month of October: eBook Physical Units 280,000 Hint Beginning work in process (100% complete for materials, 808 completo for conversion) Decks transferred in Decks completed and transferred to Finished Goods Inventory Ending Work in Process (100% complete for materials, 45% complete for conversion 3,160,000 3,200,000 Print References Costs: Beginning work in process: Direct materials Conversion cost Costs transferred in October costs: Direct materials Conversion costs $ 188,900 $ 19,840 $1,777,500 $ $ 63,200 277,880 Required: Using the weighted average method of process costing, 1. Reconcile the number of physical decks worked on during the month. 2. Calculate the number of equivalent decks for the Wrapping department. 3. Calculate the cost per equivalent deck. Complete this question by entering your answers in the tabs below. Required: Using the weighted average method of process costing, 1. Reconcile the number of physical decks worked on during the month. 2. Calculate the number of equivalent decks for the Wrapping department. 3. Calculate the cost per equivalent deck. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Calculate the cost per equivalent deck. (Round cost per Equivalent Unit to 2 decimal places.) Direct Materials Conversion $ Beginning Inventory Costs Current Period Cost Total Cost Equivalent Units Cost per Equivalent Unit $ $ 0 3,440,000 0.59 19,840 277,880 297,720| 3,308,000 0.09 $ $
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