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The answers are shaded. Need detailed steps on how to get there. Jani Corp. uses a process costing system. The flow of production goes from
The answers are shaded. Need detailed steps on how to get there. Jani Corp. uses a process costing system. The flow of production goes from Machining to Painting to Assembly, and then to Finished Goods Some operating data for the month is shown below. Provide the correct answer for the requested items below. Painting Department % Complete Transfer in Materials Machining Department % Complete Units Materials Conversion 6,500 70,000 8,000 60% 80% Assembly Department % Complete Transfer in Materials Conversion Units: Beginning WIP Started/transferred in Ending WIP Conversion Units 1,000 68,500 5,000 Units 3,000 64,500 7,500 100% 90% 30% 100% 100% 60% Transferred out 68,500 64,500 60,000 Costs: Beginning WIP Added Total $ 48,750 $ 1,124,050 $ 1,172,800 S 65,000 S 1,582,800 $ 1,647,800 $ 38,000 S2.603,000 $ 2,641,000 $ $ $ 1.250 $ 2.400 274,750 $ 591,600 276,000 $ 594,000 $ 85,500 $ 1.800 S 6,000 $3,289,500 $ 65,700 $1,348,500 $3,375,000 $ 67,500 $1,354,500 69,500 74,900 69,000 >67,500 73.300 66,000 67,500 64,500 Equivalent Units (EU): $ $ 16.00 $ 22.00 38.00'$ S50 S 1S21 4.00 $ 9.00 Cost per EU: Jani Corp. uses a process costing system. The flow of production goes from Machining to Painting to Assembly, and then to Finished Goods Some operating data for the month is shown below. Provide the correct answer for the requested items below. Painting Department % Complete Transfer in Materials Machining Department % Complete Units Materials Conversion 6,500 70,000 8,000 60% 80% Assembly Department % Complete Transfer in Materials Conversion Units: Beginning WIP Started/transferred in Ending WIP Conversion Units 1,000 68,500 5,000 Units 3,000 64,500 7,500 100% 90% 30% 100% 100% 60% Transferred out 68,500 64,500 60,000 Costs: Beginning WIP Added Total $ 48,750 $ 1,124,050 $ 1,172,800 S 65,000 S 1,582,800 $ 1,647,800 $ 38,000 S2.603,000 $ 2,641,000 $ $ $ 1.250 $ 2.400 274,750 $ 591,600 276,000 $ 594,000 $ 85,500 $ 1.800 S 6,000 $3,289,500 $ 65,700 $1,348,500 $3,375,000 $ 67,500 $1,354,500 69,500 74,900 69,000 >67,500 73.300 66,000 67,500 64,500 Equivalent Units (EU): $ $ 16.00 $ 22.00 38.00'$ S50 S 1S21 4.00 $ 9.00 Cost per EU
The answers are shaded. Need detailed steps on how to get there.
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