Question
Simply Shine Shampoo is manufactured in two departments: Mixing and Packing. Once the shampoo mixture is completed in the Mixing Department, it is sent to
Simply Shine Shampoo is manufactured in two departments: Mixing and Packing. Once the shampoo mixture is completed in the Mixing Department, it is sent to Packaging, where a machine fills and seals individual bottles, which are then passed to a machine that places the bottles in individual boxes. The following information is related to production in March:
Unit info | mixing | packing |
beginning WIP | ||
(mixing: 100% material, 80% conversion costs) | 16900 | |
(packing: 60% material, 50% conversion costs) | 20,000 | |
started during march: | 700,000 | 676,200 |
ending WIP: | ||
(mixing, 100% material, 80% conversion costs) | 40,700 | |
(packing: 80% material, 50% conversion costs) | 30,000 | |
Cost Info, beginning WIP | ||
Direct Material | 8,440 | 930 |
Direct Labor | 1,140 | 50 |
Manufacturing OH | 2,550 | 110 |
transferred-in cost | ----- | 3,900 |
Cost added during march | ||
direct material | 252,600 | 88,800 |
direct labor | 75,800 | 10,000 |
manufacturing OH | 125,100 | 20,000 |
transferred in cost | --- | 441,410 |
1.Prepare production costs reports for Mixing and Packing for the month of March. (Round cost per equivalent unit answers to 5 decimal places, e.g. 15.25254 and other answers to 0 decimal places, e.g. 5625.)
for mixing, unti reconciliation
For mixing, Cost per equivalent unit calculation:
for mixing, Cost Reconciliation:
and then
for pakcing, unit reconciliation:
for packing, Cost per equivalent unit calculation:
for packing, Cost Reconciliation:
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