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The Newfoundland Fumiture Company produces dining tables in a three-stage process: sawing, assembly, and staining. Costs incurred in the Sawing Department during 2 September are
The Newfoundland Fumiture Company produces dining tables in a three-stage process: sawing, assembly, and staining. Costs incurred in the Sawing Department during 2 September are summarized as follows: (Click the icon to view the costs.) Direct materials (lumber) are added at the beginning of the sawing process, while conversion costs are incurred evenly throughout the process. September activity in the niin Sawing Department included sawing of 15,000 metres of lumber, which were transferred to the Assembly Department. Also, work began on 1,500 metres of lumber, which on September 30 were 75% of the way through the sawing process. Requirements jesti 1) /1) Requirement 1. Fill in the time line for the Sawing Department. 10 Secti Start Complete Complete added at sawing d the way th Data table Work in Process Inventory-Sawing September 1 balance time line for Direct materials 1,798,500 Direct labour 150,000 Manufacturing overhead 237,000 - X focess on 1,5 Requirements 1. Fill in the time line for the Sawing Department. 2. Use the time line to help you compute the number of equivalent units and the cost per equivalent unit in the Sawing Department for September. 3. Show that the sum of (a) cost of goods transferred out of the Sawing 4. Department and (b) ending Work in Process Inventory-Sawing equals the total cost accumulated in the department during September. Journalize all transactions affecting the company's sawing process during September, including those already posted
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