Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Sunspot Beverages. Limied, of Fyl uses the weighted average method in its process costing syttem it makes blended tropical frut drinks in two stages. Fivi

image text in transcribed
image text in transcribed
Sunspot Beverages. Limied, of Fyl uses the weighted average method in its process costing syttem it makes blended tropical frut drinks in two stages. Fivi juices are extracted from fresh fruits and then blended in the Blending Department. The blended juices are then botied and pockod for shipping ir the Botting Department. The folowing information pertains to the operations of the Blending Department fos June. Required: 1. Calculate the Blending Departmenrs equivalent unis of production for mateniab and converwen in june 2. Calculate the Blending Department's cost per equivalent ung for materias and conversion in June 3 Calculate the Brending Department's cost of ending work in process imventory for materials. corvervon, and in fotal for June 4. Calcutate the Biending Department's cost of units transferred out to the Botting Department for inaterlats conversion, and in total for June, 5 Pregare a cost reconcilistion repart for the Elending Deparment for June Sunspot Beverages, Limited, of FII uses the weighted-average method in its process costing system it makes blended tropical fruit drinks in two stages. Fruit juices are extracted from fresh fruits and then blended in the Biending Department. The blended juices are then bottied and packed for shipping in the Botting Department. The following information pertains to the operations of the Blending Department for June. Required: 1. Calculate the Blending Department's equivalent units of production for materials and conversion in June. 2. Calculate the Blending Department's cost per equivalent unit for moterials and conversion in June. 3. Calculate the Blending Department's cost of ending work in process inventory for materials, conversion, and in total for June. 4. Calculate the Blending Department's cost of units transferred out to the Botting Deportment for materials, conversion, and in total for June. 5. Prepare a cost reconciliation report for the Blending Department for June

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored 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

Recommended Textbook for

Financial Development Institutions Growth And Poverty Reduction

Authors: Basudeb Guha Khasnobis, George Mavrotas

2008 Edition

0230201776, 978-0230201774

More Books

Students also viewed these Accounting questions

Question

6. Explain the strengths of a dialectical approach.

Answered: 1 week ago