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Seved Help 4,5. & 6) 0 Problem 4-14 Analysis of Work in Process T-account-Weighted Average Method [LO4-1, LO4-2, LO4-3, LO4-4) Weston Products manufactures an industrial

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Seved Help 4,5. & 6) 0 Problem 4-14 Analysis of Work in Process T-account-Weighted Average Method [LO4-1, LO4-2, LO4-3, LO4-4) Weston Products manufactures an industrial cleaning compound that goes through three processing departments-Grinding, Mixing, and Cooking. All raw materials are introduced at the start of work in the Grinding Department. The Work in Process T-account for the Grinding Department for May is given below. Work in Process Grinding Department Inventory. May 1 174,240 Completed and transferred to the Mixing Department Materials 407,520 Conversion 124, 160 Inventory, May 31 The May 1 work in process inventory consisted of 132,000 pounds with $137,280 in materials cost and $36,960 in conversion cost. The May 1 work in process inventory was 100% complete with respect to materials and 30% complete with respect to conversion. During May, 322,000 pounds were started into production. The May 31 inventory consisted of 128,000 pounds that were 100% complete with respect to materials and 60% complete with respect to conversion. The company uses the weighted-average method in its process costing system, Required: 1. Compute the Grinding Department's equivalent units of production for materials and conversion in May. 2. Compute the Grinding Department's costs per equivalent unit for materials and conversion for May. 3. Compute the Grinding Department's cost of ending work in process inventory for materials, conversion, and in total for May. 4. Compute the Grinding Department's cost of units transferred out to the Mixing Department for materials, conversion, and in total for May. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required Required 4 Compute the Grinding Department's equivalent units of production for materials and conversion in May. Conversion Equivalent units of production Required 2 > Problem 4-14 Analysis of Work in Process T-account-Weighted Average Method [LO4-1, L04-2, L04-3, LO4-4) Weston Products manufactures an industrial cleaning compound that goes through three processing departments--Grinding, Mixing and Cooking. All raw materials are introduced at the start of work in the Grinding Department. The Work in Process T-account for the Grinding Department for May is given below: Work in Process Grinding Department Inventory. May 1 174,240 Completed and transferred to the Mixing Department Materials 407,520 Conversion 124,160 Inventory, May 31 > The May 1 work in process inventory consisted of 132,000 pounds with $137.280 in materials cost and $36,960 in conversion cost. The May 1 work in process inventory was 100% complete with respect to materials and 30% complete with respect to conversion. During May, 322,000 pounds were started into production. The May 31 inventory consisted of 128,000 pounds that were 100% complete with respect to materials and 60% complete with respect to conversion. The company uses the weighted average method in its process costing system. Required: 1. Compute the Grinding Department's equivalent units of production for materials and conversion in May. 2. Compute the Grinding Department's costs per equivalent unit for materials and conversion for May. 3. Compute the Grinding Department's cost of ending work in process inventory for materials, conversion, and in total for May 4. Compute the Grinding Department's cost of units transferred out to the Mixing Department for materials, conversion, and in total for May Complete this question by entering your answers in the tabs below. Required: Repo? nered) Remed Compute the Grinding Department's costs per equivalent unit for materials and conversion for May. Round your answers to 2 decimal places) Materials Conversion Cost perent Problem 4-14 Analysis of Work in Process T-account-Weighted-Average Method (L04-1, L04-2, L04-3, LO4.4) Weston Products manufactures an industrial cleaning compound that goes through three processing departments-Grinding, Mixing, and Cooking. All raw materials are introduced at the start of work in the Grinding Department. The Work in Process T-account for the Grinding Department for May is given below: Work in Process Grinding Department Inventory, May 1 174,240 Completed and transferred to the Mixing Department Materials 407,520 Conversion 124,160 Inventory, May 31 The May 1 work in process inventory consisted of 132,000 pounds with $137,280 in materials cost and $36,960 in conversion cost. The May 1 work in process inventory was 100% complete with respect to materials and 30% complete with respect to conversion. During May, 322,000 pounds were started into production. The May 31 inventory consisted of 128,000 pounds that were 100% complete with respect to materials and 60% complete with respect to conversion. The company uses the weighted-average method in its process costing system. Required: 1. Compute the Grinding Department's equivalent units of production for materials and conversion in May. 2. Compute the Grinding Department's costs per equivalent unit for materials and conversion for May. 3. Compute the Grinding Department's cost of ending work in process inventory for materials, conversion, 4. Compute the Grinding Department's cost of units transferred out to the Mixing Department for materials, conversion, and in total for May. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Reus Required 4 Compute the Grinding Department's cost of ending work in process inventory for materials, conversion, and in total for May. (Round your intermediate calculations to 2 decimal places.) Materials Conversion Total Costanding work in process inventory Problem 4.14 Analysis of Work in Process T-account-Weighted Average Method (L04-1, LO4-2, L04-3, L04-4) Weston Products manufactures an industrial cleaning compound that goes through three processing departments-Grinding, Mixing, and Cooking. All raw materials are introduced at the start of work in the Grinding Department. The Work in Process T-account for the Grinding Department for May is given below: Work in Process Grinding Department Inventory, May 1 174,240 Completed and transferred to the Mixing Department Materials 407,520 Conversion 124,160 Inventory. May 31 ? The May 1 work in process inventory consisted of 132,000 pounds with $137,280 in materials cost and $36,966 in conversion cost. The May 1 work in process inventory was 100% complete with respect to materials and 30% complete with respect to conversion. During May, 322,000 pounds were started into production. The May 31 inventory consisted of 128,000 pounds that were 100% complete with respect to materials and 60% complete with respect to conversion. The company uses the weighted average method in its process costing system. Required: 1. Compute the Grinding Department's equivalent units of production for materials and conversion in May. 2. Compute the Grinding Department's costs per equivalent unit for materials and conversion for May. 3. Compute the Grinding Department's cost of ending work in process inventory for materials, conversion and in total for May. 4. Compute the Grinding Department's cost of units transferred out to the Mixing Department for materials, conversion, and in total for May. Complete this question by entering your answers in the tabs below. Required 2 Required Refined Compute the Grinding Department's cost of units transferred out to the Mading Department for materials, conversion, and in total for May. (Round your intermediate calculations to 2 decimal places) Conversion Total Cost of its come and wanted out

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