Survey: Process 11/22, 8:06 PM Raw Materials Inventories: Vinegar Raw Materials Beginning Balance $100,000 Purchases 50,000 Transferred out (110,000 Ending Balance $ 40,000 Pigment Raw Materials Beginning Balance $ 80,000 Purchases 45,000 Transferred out (105,000) Ending Balance $20.000 Costs Added During Period Direct Labor Manufacturing Overhead Vinegar Pigment $ 300,000 $ 150,000 Transferred in from prior Department N/A ???? (this is something you're solving for) $400,000 $275,000 Vinegar WIP: Total $ Materials $ $75,000 Labor $ $125,000 MOHS $50,000 Beginning $250,000 % Complete 100% materials, 30% labor, 40% MOH Beginning Added Transferred Ending Units 12,000 80,000 90,000 2,000 100% 80% materials, 40% labor 50% MOH Pigment WIP: Total $ Labor $ MOHS Materials $ $22,000 Beginning $100,000 $48,000 $30,000 % Complete 50% materials, 15% labor, 20% MOH Pigment Beginning Added Transferred Out Ending Units 10,000 90,000 96,000 4,000 40% materials, 20% labor, 25% MOH Required: 1. For Vinegar, calculate (using Weighted Average): Materials Labor MOH Total Costs to Account For Equivalent Units Cost per Equivalent Unit Costs Allocated to EWIP Costs Allocated to Transferred Out Total Costs Allocated 2. For Pigment, calculate (using FIFO); Materials Labor Total Costs to Account For Units Started and Completed in the period Equivalent Units Cost per Equivalent Unit Costs Allocated to EWIP Costs Allocated to Transferred Out Total Costs Allocated