Ruby Lips produces a lip balm used for cold-weather sports. The balm is manufactured in a single processing department. No lip balm was in process on May 31, and Ruby started production on 20,900 lip balm tubes during June. Direct materials are added at the beginning of the process, but conversion costs are incurred evenly throughout the process. Completed production for June totaled 15,700 units. The June 30 work in process was 45% of the way through the production process. Direct materials costing $5,225 were placed in production during June, and direct labor of $3,360 and manufacturing overhead of $248 were assigned to the process. Read the requirements Requirement 1. Fill in the time line for Ruby Lips. Start 100% complete Complete Complete Requirement 2. Use the time line to help you compute the total equivalent units and the cost per equivalent unit for June. Ruby Lips Lip Balm Department Equivalent Unit Computation Month Ended June 30 Flow of Physical Equivalent Units Direct Conversion Requirements 1. Fill in the time line for Ruby Lips. - X 2. Use the time line to help you compute the total equivalent units and the cost per equivalent unit for June. 3. Assign total costs to (a) units completed and transferred to Finished Goods and (b) units still in process at June 30. 4. Prepare a T-account for Work in Process Inventory to show activity during June, including the June 30 balance. Print Done Time Remaining: 01:15:11 Next 100% complete 5,200 units started but not finished 15,700 units completed and transferred out 20,900 units completed and transferred out Conversion costs added at 45% throughout the process Conversion costs added evenly throughout the process Direct materials added Units transferred out a processing department. No lip balm was in process on May 31, and Ruby started production on 20,900 lip balm tubes during June. Direct materials are added at the beginning luction for June totaled 15,700 units. The June 30 work in process was 45% of the way through the production process. Direct materials costing $5,225 were placed in signed to the process. Complete Requirement 2. Use the time line to help you compute the total equivalent units and the cost per equivalent unit for June. Ruby Lips Lip Balm Department Equivalent Unit Computation Month Ended June 30 Flow of Equivalent Units Physical Direct Conversion - X Requirements 1. Fill in the time line for Ruby Lips. 2. Use the time line to help you compute the total equivalent units and the cost per equivalent unit for June. 3. Assign total costs to (a) units completed and transferred to Finished Goods and (b) units still in process at June 30. 4. Prepare a T-account for Work in Process Inventory to show activity during June, including the June 30 balance. Print Done Time Remaining: 01:14:58 Next Ruby Lips produces a lip balm used for cold-weather sports. The balm is manufactured in a single processing department. No lip balm was in process on May 31, and Ruby started production on 20,900 lip balm tubes during June. Direct materials are added at the beginning of the process, but conversion costs are incurred evenly throughout the process. Completed production for June totaled 15,700 units. The June 30 work in process was 45% of the way through the production process. Direct materials costing $5,225 were placed in production during June, and direct labor of $3,360 and manufacturing overhead of $248 were assigned to the process. Read the requirements. Requirement 1. Fill in the time line for Ruby Lips. Start 100% complete 5,200 units incomplete 15,700 units incomplete 20,900 units incomplete Flow of Physical Direct Equivalent Units Conversion Complete equivalent unit for June. Requirements 1. Fill in the time line for Ruby Lips. 2. Use the time line to help you compute the total equivalent units and the cost per equivalent unit for June. 3. Assign total costs to (a) units completed and transferred to Finished Goods and (b) units still in process at June 30. 4. Prepare a T-account for Work in Process Inventory to show activity during June, including the June 30 balance. Print Done Time Remaining: 01:14:46 Next Ruby Lips produces a lip balm used for cold-weather sports. The balm is manufactured in a single processing department. No lip balm was in process on May 31, and Ruby started production on 20,900 lip balm tubes during June. Direct materials are added at the beginning of the process, but conversion costs are incurred evenly throughout the process. Completed production for June totaled 15,700 units. The June 30 work in process was 45% of the way through the production process. Direct materials costing $5,225 were placed in production during June, and direct labor of $3,360 and manufacturing overhead of $248 were assigned to the process. Read the requirements. Requirement 2. Use the time line to help you compute the total equivalent units and the cost per equivalent unit for June. Ruby Lips Lip Balm Department Equivalent Unit Computation Month Ended June 30 Flow of Production Units accounted for: Flow of Equivalent Units Physical Units Direct Materials Conversion Costs Beginning work in process, June 1 with a $0 balance, make sure to enter "0" in the appropriate cell(s). Enter the cost per equivalent unit to two decimal places.) Completed and transferred out Ending work in process, June 30 Started in production during June Total physical units accounted for Total physical units to account for int Unit 30 Time Remaining: 01:14:33 Next Ruby Lips produces a lip balm used for cold-weather sports. The balm is manufactured in a single processing department. No lip balm was in process on May 31, and Ruby started production on 20,900 lip balm tubes during June. Direct materials are added at the beginning of the process, but conversion costs are incurred evenly throughout the process. Completed production for June totaled 15,700 units. The June 30 work in process was 45% of the way through the production process. Direct materials costing $5,225 were placed in production during June, and direct labor of $3,360 and manufacturing overhead of $248 were assigned to the process. Read the requirements. Lip Balm Department Equivalent Unit Computation Flow of Production Units accounted for: Month Ended June 30 Flow of Equivalent Units Physical Units Direct Materials Conversion Costs Plus: Beginning work in process, June 1 Plus: Ending work in process, June 30 Plus: Started in production during June 0 balance, make sure to enter "0" in the appropriate cell(s). Enter the cost per equivalent unit to two decimal places.) Month Ended June 30 Direct Materials Conversion Costs || Time Remaining: 01:14:22 Next Ruby Lips produces a lip balm used for cold-weather sports. The balm is manufactured in a single processing department. No lip balm was in process on May 31, and Ruby started production on 20,900 lip balm tubes during June. Direct materials are added at the beginning of the process, but conversion costs are incurred evenly throughout the process. Completed production for June totaled 15,700 units. The June 30 work in process was 45% of the way through the production process. Direct materials costing $5,225 were placed in production during June, and direct labor of $3,360 and manufacturing overhead of $248 were assigned to the process. Read the requirements. Compute the cost per equivalent unit. (For entries with a $0 balance, make sure to enter "" in the appropriate cell(s). Enter the cost per equivalent unit to two decimal places.) Ruby Lips Lip Balm Department Cost per Equivalent Unit Month Ended June 30 Direct Materials Conversion Costs Cost per equivalent unit Requirement 3. Assign total costs to (a) units completed and transferred to Finished Goods and (b) units still in process at June 30. (Enter quantities first, then the cost per equivalent unit amounts in the same order as calculated in the preceding step.) Lip Balm Department Month Ended June 30 a. Completed and transferred out: Assigning Costs Direct Materials Conversion Costs Total Time Remaining: 01:14:09 Next Divided by: Ending work in process units Divided by: Total equivalent units Divided by: Units completed and transferred out Less: Costs added after June is manufactured in a single processing department. No lip balm was in process on May 31, and Ruby started production on 20,900 lip balm tubes during June. Direct materials are added at the beg e process. Completed production for June totaled 15,700 units. The June 30 work in process was 45% of the way through the production process. Direct materials costing $5,225 were placed in overhead of $248 were assigned to the process. Less: Costs added before June Less: Costs added during June Multiplied by: Ending work in process units Multiplied by: Total equivalent units Multiplied by: Units completed and transferred out Plus: Costs added after June nake sure to enter "0" in the appropriate cell(s). Enter the cost per equivalent unit to two decimal places.) Conversion Costs Plus: Costs added before June Plus: Costs added during June Cost per equivalent unit Requirement 3. Assign total costs to (a) units completed and transferred to Finished Goods and (b) units still in process at June 30. (Enter quantities first, then the cost per equivalent unit amounts in the same order as calculated in the preceding step.) Lip Balm Department Month Ended June 30 Assigning Costs Direct Materials Conversion Costs Total Time Remaining: 01:13:51 Nex Ruby Lips produces a lip balm used for cold-weather sports. The balm is manufactured in a single processing department. No lip balm was in process on May 31, and Ruby started production on 20,900 lip balm tubes during June. Direct materials are added at the beginning of the process, but conversion costs are incurred evenly throughout the process. Completed production for June totaled 15,700 units. The June 30 work in process was 45% of the way through the production process. Direct materials costing $5,225 were placed in production during June, and direct labor of $3,360 and manufacturing overhead of $248 were assigned to the process. Read the requirements. Total equivalent units Compute the cost per equivalent unit. (For entries with a $0 balance, make sure to enter "0" in the appropriate cell(s). Enter the cost per equivalent unit to two decimal places.) Ruby Lips Lip Balm Department Cost per Equivalent Unit Month Ended June 30 Direct Materials Conversion Costs Beginning work in process Costs added during June Equivalent units Total costs to account for sted and transferred to Finished Goods and (b) units still in process at June 30. (Enter quantities first, then the cost per equivalent unit amounts in the same order as calculated in the preceding step.) Im Department Ended June 30 Assigning Costs Direct Materials Conversion Costs Total Time Remaining: 01:13:26 Next Ruby Lips produces a lip balm used for cold-weather sports. The balm is manufactured in a single processing department. No lip balm was in process on May 31, and Ruby started production on 20,900 lip balm tubes during June. Direct materials are added at the beginning of the process, but conversion costs are incurred evenly throughout the process. Completed production for June totaled 15,700 units. The June 30 work in process was 45% of the way through the production process. Direct materials costing $5,225 were placed in production during June, and direct labor of $3,360 and manufacturing overhead of $248 were assigned to the process. Read the requirements. a. Completed and transferred out: Assigning Costs Direct Materials Conversion Costs Total b. Costs assigned to units completed and transferred out Req Costs assigned to units in beginning work in process, June 1 Costs assigned to units in ending work in process, June 30 Equivalent units completed and transferred out Equivalent units in beginning work in process, June 1 Equivalent units in ending work in process, June 30 ing June, including the June 30 balance. (For entries with a $0 balance, make sure to enter "0" in the appropriate call.) Time Remaining: 01:13:13 Next Ruby Lips produces a lip balm used for cold-weather sports. The balm is manufactured in a single processing department. No lip balm was in process on May 31, and Ruby started production on 20,900 lip balm tubes during June. Direct materials are added at the beginning of the process, but conversion costs are incurred evenly throughout the process. Completed production for June totaled 15,700 units. The June 30 work in process was 45% of the way through the production process. Direct materials costing $5,225 were placed in production during June, and direct labor of $3,360 and manufacturing overhead of $248 were assigned to the process. Read the requirements. a. Completed and transferred out: Assigning Costs Direct Conversion Materials Costs Total b. Divided by: Cost per equivalent unit Divided by: Total equivalent units Multiplied by: Cost per equivalent unit Requ Multiplied by: Total equivalent units ow activity during June, including the June 30 balance. (For entries with a $0 balance, make sure to enter "0" in the appropriate cell.) Work in Process Inventory Time Remaining: 01:12:58 Next Ruby Lips produces a lip balm used for cold-weather sports. The balm is manufactured in a single processing department. No lip balm was in process on May 31, and Ruby started production on 20,900 lip balm tubes during June. Direct materials are added at the beginning of the process, but conversion costs are incurred evenly throughout the process. Completed production for June totaled 15,700 units. The June 30 work in process was 45% of the way through the production process. Direct materials costing $5,225 were placed in production during June, and direct labor of $3,360 and manufacturing overhead of $248 were assigned to the process. Read the requirements. a. Completed and transferred out: Assigning Costs Direct Conversion Materials Costs Total b. Divided by: Cost per equivalent unit Divided by: Total equivalent units Multiplied by: Cost per equivalent unit Requ Multiplied by: Total equivalent units ow activity during June, including the June 30 balance. (For entries with a $0 balance, make sure to enter "0" in the appropriate cell.) Work in Process Inventory Time Remaining: 01:12:58 Next Ruby Lips produces a lip balm used for cold-weather sports. The balm is manufactured in a single processing department. No lip balm was in process on May 31, and Ruby started production on 20,900 lip balm tubes during June. Direct materials are added at the beginning of the process, but conversion costs are incurred evenly throughout the process. Completed production for June totaled 15,700 units. The June 30 work in process was 45% of the way through the production process. Direct materials costing $5,225 were placed in production during June, and direct labor of $3,360 and manufacturing overhead of $248 were assigned to the process. Read the requirements. a. Completed and transferred out: Assigning Costs Direct Materials Conversion Costs Total Bal June 1 Direct labor Direct materials Manufacturing overhead Transferred out or Work in Process Inventory to show activity during June, including the June 30 balance. (For entries with a $0 balance, make sure to enter "0" in the appropriate cell.) Process Inventory Time Remaining: 01:12:39 Next