Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Spelting Sports, which proces bases regarding there has ore de contidos de contacto Babals that have under the mediately traded to the changer med when

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Spelting Sports, which proces bases regarding there has ore de contidos de contacto Babals that have under the mediately traded to the changer med when the thing process comes we were ingeniowe eso e contattare teed to do some method of processing the one 2017 Betonowe Read more Data table Requirement autoinding de Begin by cong the flowing able to Physical The Costa 17 53603 Coro Cous 08 09 Beginning work in process 3 Degree of completion, beginning working tansteeds in March 2017 Come and wanted out during March 2017 Ending work in pro March 31 Degree of compending work in process Touching March $200 2100 2011 Beying work in process Transferred in during March Te for Completed and wansferred out during March 2008 1545 IS Requirement 1. Summartre total binding department costs for April 2017, and assign these costs to units completed (and transferred out and to unesin ending work in process Begin by completing the following table to summarize the physical and equivalent units. (For amounts with a zero balanan, make sure to enter the appropriate Equivalent Units Physical Units Transferred in Direct Conversion (books) Costs Materials Costs Beginning work in process 17,500 56.000 Transferred in during March 73500 To account for Completed and transferred out during March 52.000 52000 52000 52000 21.500 Ending work in process 21500 73500 Accounted for 52000 56300 Equivalent units of work done to date 4300 73500 remarying the tot de cost perforderlanderson costs Begin by Form or Tocal Production Conte There Coute Musta Conversion Costs Do process Touloo account for Ce contre rencontre Thundin Can Costa Die einerts at work done date Ces prevalent unit Access to come and based on and to ending was noss for what better Align total costs to units completed (and transferred outy and to units in ending work in process. (For amounts with a zero balance, make sure to enter in me arropriate cell) Total Transferred in Direct Conversion Production Costs Costs Materials Costs Assignment of costs: Completed and transferred out Ending work in process Total costs to account for Requirement 2. Prepare journal entries for Marchwansters from the cutting department to the satching department and from the staching department to Finished Goods (Record debes test, Begin by recording the transfer from the cutting department to the thing department Journal Entry Accounts Date Debit Credit Now record the transfer from the stitchina desartment to finished Goods Requirement 2. Prepare journal entries for March transfers from the cutting department to the setching department and from the seaching department to Finished Goods! Record del fest. tren credits Exclude Begin by recording the transfer from the cutting depanment to the stitching department Journal Entry Date Accounts Debit Credit Now record the transfer from the witching department to Finished Goods. Journal Entry Date Accounts Debit Credit Direct Materials Conversion costs

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions