Smithson Winery in Pleasant Valley, New York, 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. The company uses the weighted-average method. 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. Smithson Winery Production Cost Report - Fermenting Department (Partial) Month Ended March 31 Equivalent Units Physical Direct Conversion UNITS Units Materials Costs Units to account for: Beginning work-in-process 900 Started in production 9,000 9,900 Total units to account for Units accounted for: Completed and transferred out 4,800 4,800 4,800 5,100 4,080 Ending work in process 5,100 9,900 9.900 5.88 Total units accounted for Requirement 2. Compute the total costs of the units (gallons) (a) completed and transferred out to the Packaging Department, and (b) in the Fermenting Department ending Work-in-Process Inventory. Choose from any list or enter any number in the input fields and then click Check Answer. ? EM3-23 (similar to) Question Help Smithson Winery in Pleasant Valley, New York, 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. The company uses the weighted-average method. Data from the month of March for the Fementing Department are as follows: (Click the icon to view the data from March.) Data Table Read the requirements Ending work-in-process 5,100 5,100 4,080 9,900 9,900 8,880 Gallons Total unils accounted for Beginning Work-in-Process Inventory 900 gallons Requirement 2. Compute the total costs of the units (gallons) (a) completed and transferred out to the Packaging Departme Started in production 9,000 gallons Complete the Production Cost Report that you began in Requirement 1 by calculating the costs per equivalent unit in this 910 Completed and transferred out to Packaging in March 4,800 gallons ding Inventory in the following step. (Round the cost per equivalent unit amounts to the nearest cent and all other amounts to the nearest dollar. A Ending Work-in-Process Inventory (80% of the way 5, 100 gallons Smithson Winery through the fermenting process) Production Cost Report - Fermenting Department (Partial) Costs Month Ended March 31 Beginning Work-in-Process Inventory: Direct Conversion Total 1,530 Direct materials COSTS Materials Costs 160 Costs Direct labor Manufacturing overhead allocated 250 Costs to account for: Beginning work-in-process Costs added during March: Direct materials 9,360 Costs added during the period Direct labor 2,972 Total costs to account for Manufacturing overhead allocated 4,610 Divided by: Total EUP Total costs added during March $ 16,942 Cost per equivalent unit Choose from any list or enter any number in the input fields and then click Check Answer. Print Done 2
