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this is all one question . Check my work and Cooking All raw materials are introduced at the start of work in the Grinding Department.
this is all one question
. Check my work and Cooking All raw materials are introduced at the start of work in the Grinding Department. The Work in Process Taccount for the Grinding Department for May is given below Work in Procese Grinding Department Debit Credit Inventory, May 1 276,860 Completed and transferred to the Mixing Department Materials 528,730 Conversion 301,014 Inventory, May 31 The May 1 Work in process inventory consisted of 109.000 pounds with $168,950 in materials cost and $107,910 in conversion cost. The May 1 work in process Inventory was 100% complete with respect to materials and 30% complete with respect to conversion During May, 299,000 pounds were started into production The May 31 inventory consisted of 99,000 pounds that were 100% complete with respect to materials and 60% complete with respect to conversion. The company uses the weighted average method in its process costing system. Required: 1. Compute the Grinding Department's equivalent units of production for materials and conversion in May. 2. Compute the Grinding Department's costs per equivalent unit for materials and conversion for May 3. Compute the Grinding Department's cost of ending work in process inventory for materials, conversion, and in total for May 4. Compute the Grinding Department's cost of units transferred out to the Mixing Department for materials, conversion, and in total for ces May Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute the Grinding Department's equivalent units of production for materials and conversion in May. to the mixing wepartment Materials Conversion Inventory, May 31 528,730 301,014 The May 1 work in process inventory consisted of 109,000 pounds with $168,950 in materials cost and $107.910 in conversion cost. The May 1 work in process inventory was 100% complete with respect to materials and 30% complete with respect to conversion During May, 299,000 pounds were started into production. The May 31 inventory consisted of 99,000 pounds that were 100% complete with respect to materials and 60% complete with respect to conversion. The company uses the weighted average method in its process costing system. Required: 1. Compute the Grinding Department's equivalent units of production for materials and conversion in May. 2. Compute the Grinding Department's costs per equivalent unit for materials and conversion for May. 3. Compute the Grinding Department's cost of ending work in process inventory for materials, conversion, and in total for May 4. Compute the Grinding Department's cost of units transferred out to the Mixing Department for materials, conversion, and in total for May Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute the Grinding Department's equivalent units of production for materials and conversion in May. Materials Conversion Equivalent units of production Roque Required 2 > TO The RXLN9 patient 520, 730 301,014 Materials Conversion Inventory, May 31 The May 1 work in process inventory consisted of 109,000 pounds with $168,950 in materials cost and $107,910 in conversion cost. The May 1 work in process inventory was 100% complete with respect to materials and 30% complete with respect to conversion During May, 299,000 pounds were started into production, The May 31 inventory consisted of 99,000 pounds that were 100% complete with respect to materials and 60% complete with respect to conversion. The company uses the weighted average method its process costing system. Required: 1. Compute the Grinding Department's equivalent units of production for materials and conversion in May. 2. Compute the Grinding Department's costs per equivalent unit for materials and conversion for May. 3. Compute the Grinding Department's cost of ending work in process inventory for materials, conversion, and in total for May 4. Compute the Grinding Department's cost of units transferred out to the Mixing Department for materials, conversion, and in total fe May Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute the Grinding Department's costs per equivalent unit for materials and conversion for May. (Round your answers to 2 decimal places.) Materials Conversion Cost per equivalent unit Materials Conversion Inventory. May 31 528,730 301,014 The May 1 work in process inventory consisted of 109,000 pounds with $168,950 in materials cost and $107,910 in conversion cost The May 1 work in process inventory was 100% complete with respect to materials and 30% complete with respect to conversion During May, 299,000 pounds were started into production. The May 31 inventory consisted of 99,000 pounds that were 100% complete with respect to materials and 60% complete with respect to conversion. The company uses the weighted-average method its process costing system. Required: 1. Compute the Grinding Department's equivalent units of production for materials and conversion in May. 2. Compute the Grinding Department's costs per equivalent unit for materials and conversion for May 3. Compute the Grinding Department's cost of ending work in process inventory for materials, conversion, and in total for May 4. Compute the Grinding Department's cost of units transferred out to the Mixing Department for materials, conversion, and in total for May Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 required 4 Compute the Grinding Department's cost of ending work in process inventory for materials, conversion, and in total for May (Round your intermediate calculations to 2 decimal places.) Materials Conversion Total Cost of ending work in process inventory to y patent Materiale Conversion Inventory. May 31 528,730 301.010 The May 1 work in process inventory consisted of 109,000 pounds with $168.950 in materials cost and $107,910 in conversion cost. The May 1 work in process inventory was 100% complete with respect to materials and 30% complete with respect to conversion During May, 299,000 pounds were started into production. The May 31 inventory consisted of 99,000 pounds that were 100% complete with respect to materials and 60% complete with respect to conversion. The company uses the weighted average method in its process costing system Required: 1. Compute the Grinding Department's equivalent units of production for materials and conversion in May. 2. Compute the Grinding Department's costs per equivalent unit for materials and conversion for May 3. Compute the Grinding Department's cost of ending work in process inventory for materials, conversion, and in total for May 4. Compute the Grinding Department's cost of units transferred out to the Mixing Department for materials, conversion, and in total for , Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required Compute the Grinding Department's cost of units transferred out to the Mixing Department for materials, conversion, and in total for May. (Round your intermediate calculations to 2 decimal places) Materials Conversion Total Cost of units completed and transferred out Step by Step Solution
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