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This is all one problem not muiltple pleasw help. part 1 part 1.2 part 1.3 part 1.4 part 1.5 ! Required information The following information
This is all one problem not muiltple pleasw help. part 1 part 1.2 part 1.3 part 1.4 part 1.5 ! Required information The following information applies to the questions displayed below) The first production department of Stone Incorporated reports the following for April Conversion Direct Materials Percent Complete 75% Percent Complete 25% Beginning work in process inventory Units started this period Completed and transferred out Ending work in process inventory Units 78,000 412,000 390,000 100,000 80% ex Compute the number of equivalent units of production for both direct materials and conversion for April using the weighted average method Equivalent units of production: Weighted average method Direct Materials Units Percent EUP Complete Conversion Porcent EUP Complete Total Conversion Materials Percent Complete 75% Percent Complete 25% Beginning work in process inventory Units started this period Completed and transferred out Ending work in process inventory Units 78,000 412,000 390,000 100,000 80% sex The production department had the cost information below. $ 231,275 36,840 $ 268,115 Beginning work in process inventory Direct materials Conversion Costs added this period Direct materials Conversion Total costs to account for 1,296,225 929,160 2,225,385 $ 2,493,500 o. Compute cost per equivalent unit for both direct materials and conversion (Round "Cost per EUP" to 2 decimal places.) b. Using the weighted average method, assign April's costs to the department's output-specifically, its units transferred to the next department and its ending work in process inventory (Round "Cost per EUP" to 2 decimal places.) Required a Cost per equivalent unit of production: Weighted average method Direct Materials Conversion Costs EUP Costs EUP 0 EUP Cost per EUP Total cost Total costs - Equivalent units of production Cost per equivalent unit of production rounded to 2 decimals) Required b. Cost assignment Weighted average Completed and transferred out Direct materials Conversion Total costs completed and transferred out Ending work in process Direct materials Conversion Total cost of ending work in proceso Total costs accould for EUP Total cost Cost per EUP $ 0005 5 0.00 0.00 0.00 The first production department of Stone Incorporated reports the following for April Conversion Direct Materials Percent Complete 75% Percent Complete 25% Beginning work in process inventory Units started this period Completed and transferred out Ending work in process inventory Units 78,000 412,00 390,000 109,000 sex 30% (a) Compute the number of units started and completed this period for the first production department Units started and completed (b) Compute the number of equivalent units of production for both direct materials and conversion for the first production department for April using the FIFO method Equivalent units of production: FIFO method Direct Materials Units Percent EUP Added Conversion Percent Added EUP Equivalent units of production 0 The first production department of Stone Incorporated reports the following for April Conversion Direct Materials Percent Complete 75% Peccent Complete 25% Beginning work in process inventory Units started this period Completed and transferred out Ending work in process inventory Units 78,000 412,000 390,000 100,000 301 303 The production department had the cost information below 5 231,275 36,840 $ 268,115 Beginning work in process inventory Direct materials Conversion Costs added this period Direct materials Conversion Total costs to account for 1,296,225 929.160 2.225305 $ 2,49),500 (a) Calculate the costs per equivalent unit of production for both direct materials and conversion for the department (Round "Cost per EUP" to 2 decimal places.) (6) Assign costs to the department's output specifically, to the units transferred out and to the units that remain in work in process at period-end Use the FIFO method (Round "Cost per EUP to 2 decimal places.) Required a Cost per equivalent unit of production FIFO method Direct Materials 31206225 Costs 1296225 EUP 0 Conversion $ $ 929.150 929,160 Total costs -Equivalent units of production Cost per equivalent unit of production rounded to 2 decimal) Costs EUP Required by Costassignment -FO Beginning work in process To come beginning work in process Dw Conversion Total costs to come CUP Cost per EUP Total cost Required Cost per equivalent unit of production FIFO method Total costs - Equivalent of production Cost par valent unit of production rounded to 2 decimals) De Materials $ 1.296,225 Costs 5 1296.225 EUP 0 Covers 5 $ Costs EUP 929. 160 $29,160 EUP Cost per LUP Total cost 5 000 Rejuvedb. Costasonment FIFO Beginning work in process Tu complete beginning work in process Direct materas Conversion Total costs to complete Total cost of complete beginning work in process Started and completed Clect materials Conversion Total cost of red and completed Completed and transferred out Ending work in process Dint materials Cewersion conta Total cost of ending into work in process Tal costs accounted for FUP Totalcoat Cont per LUP 5 30$ 3 0.00 0.00 0.00 EUP Cost per CUP $ 0.00 5 000 Total cost 0.00 0.00
This is all one problem not muiltple pleasw help.
part 1.2
part 1.3
part 1.4
part 1.5
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