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Samson Winery in Gardner, Massachusetts, has two departments: Fermenting and Packaging. Direct materials are added at the beginning of the fermenting process (grapes) and at
Samson Winery in Gardner, Massachusetts, has two departments: Fermenting and Packaging. Direct materials are added at the beginning of the fermenting process (grapes) and at the end of the packaging process (bottles). Conversion costs are added evenly throughout each process. Data from the month of March for the Fermenting Department are as follows: (Click the icon to view the data from March.) Read the requirements. i Requirements - X - 1. Fill in the time line for the Fermenting Department 2. Summarize the flow of physical units and compute the total equivalent units. 3. Summarize total costs to account for and compute the cost per equivalent unit for direct materials and conversion costs. 4. Assign total costs to units (gallons): a. Completed and transferred out to the Packaging Department b. In the Fermenting Department ending work in process inventory 5. What is the average cost per gallon transferred out of Fermenting into Packaging? Why would the company's managers want to know this cost? Print Done Requirement 1. Fill in the time in for the Formenting Department Start Complete Complete Requirement 2. Sumare the tow of physical and compute the total vient units. Fermenting Department Equivalent Unit Computation Month Ended March 1 Flow or Equivalent Units Physical Direct Conversion Flow of Production Units Material Costs Units to account for: Units accounted for: Total equivalent units Requirement 3. Sumar total costs to account for and compute the one per quantunt for direct motors and conversion costs. (Enter the corporequivalent to the conrest cont.) Fermenting Department Coct par Equivalent Unit Month Ended March 1 Direct Conversion Costs Total Materiais Cost per equivalent unit Requirement 4. Pasign total costs to units (galos) (a) completed and transferred out to the Paciaging Department and in the Formenting Department's ending work in process inventory (Entor Guantities First, then the cost per equivalent amounts in the same order as calculated in the preceding stan Enter your answers to the nearest cont.) Fermending Department Month Ended March 31 Accioning Cocte Direct Materials Conversion Costs Total a. Completed and transferred out: b. Ending work in process: Total cost accounted for Requirements. What is the average cost per alion transferred out of Formanding into Packaging? Why would the company's managers want to know this cost? First only the labels to compute the average cost pergolion transferred out the compute the average cost per unit (Abbreviation used Avg. = Average. Enter your answer to to decimal places Hug C person Vehy would Samson's managers want to know this cost? Managers wil want to know this cost to compare to their They may also use the cost information when Choose from any fist or enter any number in the input fields and then continue to the next question i Data Table - X 3,000 gallons 4,840 gallons 6,490 gallons 1,350 gallons Gallons: Beginning work in process inventory Started production Completed and transferred out to Packaging in March Ending work in process inventory (80% of the way through the fermenting process) Costs: Beginning work in process inventory ($2,000 of direct materials and $3,615 of conversion cost) Costs added during March: Direct materials Direct labor Manufacturing overhead Total costs added during March.. $ 5,615 $ 8,192 1,050 2.148 $ 11,390 Print Done
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