T 7 Problem D A bottling company bottles soft drinks using a process cost system. Following are cost and production data for the mixing department for June: 3 Work in Process, June 1 (65% complete for materials; 80% complete for 4 56,000 units Conversion Costs 5 e Cost of units in beginning inventory: 7 Materials 8 Conversion $11,620 $16,240 0 Units added darning June 10 133,000 units 11 12. Cost incurred during current period: 13 Materials $29,960 14 Conversion $41,720 15 10 Work in Process, June 30 (100% complete for materials; 30% complete for Conversion Costs 63,000 units 117 18 19 20 21 22 Problem D 23 24 20 26 Fill in All Yellow Spaces!! A Bottling Company Process Cost Summary For Month Ended June 30 27 38 Costs Charged to Production Costs of beginning goods in process Costs incurred this period Total costs to account for Direct Materials Conversion Costs (DL OHD) Direct Materials Conversion Costs (DL+OHD) 35 36 93 Actual 11,620 42 points 11.020 (given) 16,240 $ 27,860 Shaded is hula added for you 29,000 41,729 $ 71,680 Shaded is folded for you 99,540 Shaded a formula added for you B Collaborate 125%- Abt Category Insert Table Chart Text Shape Media Comment View Zom Problem A Problem D Problem D C D Direct Materials 31 Conversion Costs (DL + OHD) 11620 (oven) 16.240 $ 27,860 Readed for you 37 Costs incurred this period Direct Materials 29.500 34 Conversion Costs (DL OHD) 35 Total costs to account for 71,680 Shadeta fue and for you 99.540 hadis fumul add for you 36 31 39 40 Unit Cost Information Units to account for 42 Beginning goods in process 43 Units started this period Part 1) Compute Number of units completed and transferred out REMEMBER: Beginning Work in Process Units Units Started Units Transferred Out Ending Work in Process Units Units accounted for Completed and transferred out Ending goods in process 44 Total units to account for 11,620 Total units accounted for. 45 4 Remember these have to equal. 47 48 49 Part 2: Compute Equivalent Units of Production. Equivalent Units of Production (EUP) 10 DM Conversion Costs (DL + OHD) 51 Units completed and transferred out 100% 52 53 Units of ending goods in process 54 Unts Comp 65 Direct materials 54 Conversion Costs (DL+OHD) 57 Equivalent units of production 58 NO Part 3: Compute Cost per Equivalent Units of Production. 00 Cost per Equiv Unit of Production 01 Conversion Costs (DL OHD) 12 Costs of beginning goods in process 63 Costs incurred this period 64 Total costs 65 bide by Tote Events of Pad 66 Cost per Equiv Unit of Production $0 shaded a fumused for you Bum legurar una calded abo und to the descent (2 desmal p 67 60 Part 4: Compute Cost of units completed and transferred out and ending inventory Cost Assignment and Reconciliation EUP Costs transferred out (cost of goods manufactured) CUP 70 71 72 Direct materials Conversion Costs (DL+OHD) 24 76 Costs of ending goods in process 76 Actual Direct materials 11,620 K (0,00061,000 hotel units to account for units in ending Shaded is formula added for you Shaded fue added for you Problem A Problem B Problem D Equivalent units of production Part 3 Compute Cost per Equivalent Units of Production Cost per Equiv Unit of Production 62 Costs of beginning goods in process " Costs incurred this period 64 Total costs ddy by Total Equits of Prod 06 Cost per Equiv Unit of Production " 72 " Part 4 Compute Cost of units completed and transferred out and ending inventory Cost Assignment and Reconciliation EUP Costs transferred out joost of goods manufactured) Direct materials Conversion Costs (DL+OHD)) Costs of ending goods in process Direct materials Conversion Costs (DL+OHD) Cost per EU DM Conversion Costs (DL+OHD) 50 shed me add for you ind to the closets cent 2 decimal plac Enter journal entry to record moving goods from Work in Process to Finished Goods (also Cost of Goods Manufactured) 79 Total costs accounted for 21 82 R Journal Entry: 84 85 86 27 88 89 90 91 Debit Credit Shad a la ad for you Shaded is true wed for you Shed up and for you