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Stevens Company's inventory on March 1 and the costs charged to Work in Process Department B during March are as follows: Line Item Description Amount
Stevens Company's inventory on March and the costs charged to Work in ProcessDepartment B during March are as follows: Line Item Description Amount Beginning work in process, units, completed $ From Department A units started this period Direct materials added Direct labor incurred Factory overhead incurred During March, all direct materials were transferred from Department A the units in process at March were completed, and of the units entering the department, all were completed except units that were completed. Inventories are costed by the firstin firstout method. Prepare a cost of production report for March. If required, round your cost per equivalent unit amounts to four decimal places. Round all other amounts to the nearest dollar. If an amount value is zero enter as answer. Stevens Company Cost of Production ReportDepartment B For the Month Ended March Units Whole Units Equivalent Units Direct Materials Equivalent Units Conversion Units charged to production: Inventory in process, March fill in the blank Received from Department A fill in the blank Total units accounted for by Department B fill in the blank Units to be assigned costs: Inventory in process, March completed fill in the blank fill in the blank fill in the blank Started and completed in March fill in the blank fill in the blank fill in the blank Transferred to finished goods in March fill in the blank fill in the blank fill in the blank Inventory in process, March completed fill in the blank fill in the blank fill in the blank Total units to be assigned costs fill in the blank fill in the blank fill in the blank Costs Costs Direct Materials Conversion Total Costs Cost per equivalent unit: Total costs for March in Department B $fill in the blank $fill in the blank Total equivalent units fill in the blank fill in the blank Cost per equivalent unit $fill in the blank $fill in the blank Costs assigned to production: Inventory in process, March $fill in the blank Costs incurred in March fill in the blank Total costs accounted for by Department B $fill in the blank Costs allocated to completed and partially completed units: Inventory in process, March balance $fill in the blank To complete inventory in process, March $fill in the blank $fill in the blank fill in the blank Started and completed in March fill in the blank fill in the blank fill in the blank Transferred to finished goods in March $fill in the blank Inventory in process, March fill in the blank fill in the blank fill in the blank Total costs assigned by Department B $fill in the blank
Stevens Company's inventory on March and the costs charged to Work in ProcessDepartment B during March are as follows:
Line Item Description Amount
Beginning work in process, units, completed $
From Department A units started this period
Direct materials added
Direct labor incurred
Factory overhead incurred
During March, all direct materials were transferred from Department A the units in process at March were completed, and of the units entering the department, all were completed except units that were completed. Inventories are costed by the firstin firstout method.
Prepare a cost of production report for March. If required, round your cost per equivalent unit amounts to four decimal places. Round all other amounts to the nearest dollar. If an amount value is zero enter as answer.
Stevens Company
Cost of Production ReportDepartment B
For the Month Ended March
Units Whole Units Equivalent Units
Direct Materials Equivalent Units
Conversion
Units charged to production:
Inventory in process, March fill in the blank
Received from Department A fill in the blank
Total units accounted for by Department B fill in the blank
Units to be assigned costs:
Inventory in process, March completed fill in the blank
fill in the blank
fill in the blank
Started and completed in March fill in the blank
fill in the blank
fill in the blank
Transferred to finished goods in March fill in the blank
fill in the blank
fill in the blank
Inventory in process, March completed fill in the blank
fill in the blank
fill in the blank
Total units to be assigned costs fill in the blank
fill in the blank
fill in the blank
Costs
Costs Direct Materials Conversion Total Costs
Cost per equivalent unit:
Total costs for March in Department B $fill in the blank
$fill in the blank
Total equivalent units fill in the blank
fill in the blank
Cost per equivalent unit $fill in the blank
$fill in the blank
Costs assigned to production:
Inventory in process, March $fill in the blank
Costs incurred in March fill in the blank
Total costs accounted for by Department B $fill in the blank
Costs allocated to completed and partially completed units:
Inventory in process, March balance $fill in the blank
To complete inventory in process, March $fill in the blank
$fill in the blank
fill in the blank
Started and completed in March fill in the blank
fill in the blank
fill in the blank
Transferred to finished goods in March $fill in the blank
Inventory in process, March fill in the blank
fill in the blank
fill in the blank
Total costs assigned by Department B $fill in the blank
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