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Selzik Company makes super-premium cake mlxes that go through two processing departments-Blending and Packaging. The following activity was recorded In the Blending Department during July
Selzik Company makes super-premium cake mlxes that go through two processing departments-Blending and Packaging. The following activity was recorded In the Blending Department during July Production data: Units in process, July 1 (materials 108% complete; conversion 38% complete) Units started into production Units in process, July 31 (materials 188% complete; 18,888 17e,888 28,980 conversion 40% complete) Cost data Work in process inventory, July 1: Materials cost Conversion cost $8, 580 4,980 Cost added during the month: Materials cost Conversion cost 139,488 $ 244,288 All materlals are added at the beginning of work In the Blending Department. The company uses the FIFO method In its process costing system. Required 1. Calculate the Blending Department's equivalent units of production for materlals and conversion for July 2 Calculate the Blending Department's cost per equivalent unit for materials and converslon for July 3. Calculate the Blending Department's cost of ending work In process Inventory for materlals, conversion, and In total for July 4. Calculate the Blending Department's cost of units transferred out to the next department for materials, conversion, and In total for July 5. Prepare a cost reconcillation report for the Blending Department for July Complete this question by entering your answers in the tabs below Required 1Required 2Required 3 Required 4 Required 5 Calculate the Blending Department's equivalent units of production for materials and conversion for July. Materials Conversion Equivalent units of production Required 1 Rquired 2 Required 3Required 4Required 5 Calculate the Blending Department's cost per equivalent unit for materials and conversion for July. (Round your answers to 2 decimal places.) waterials Conversion Cost per equivalent unit Required 1Required 2Required 3 Required 4 Required 5 Calculate the Blending Department's cost of ending work in process inventory for materials, conversion, and in total for July. (Round your intermediate calculations to 2 decimal places.) Materials Conversion Total Cost of ending work in process inventory Required 1 Required 2 Required 3 Required 4Required 5 Calculate the Blending Department's cost of units transferred out to the next department for materials, conversion, and in total for July. (Round your intermediate calculations to 2 decimal places.) Materials Conversion Total Cost of units transferred out Required 1Required 2Required 3 Required 4 Required 5 Prepare a cost reconciliation report for the Blending Department for July. (Round your intermediate calculations to 2 decimal places.) Blending Department Cost Reconciliation Costs to be accounted for Total cost to be accounted for Costs accounted for as follows: Total cost accounted for
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