Transferred-in only please.
McKnight's Hot Sauce uses a process costing ystem to delemine its products cost The last of the three processes is packaging The Packaging Department reported the folowing information for the month of July mciok the icon to view the reported infomation for July) The units in ending work in process invertory were 80% complete with respect to direct materials but only so% complete with respect to conversion Requirement Summarize the fow of physical units and compute output in tems of equivalent unts in order to arive at the miseing figures (a) theough 0 McKnight's Hot Sauce Packaging Department Stop 1 Step 2 Equivalent Units Month Ended July 31 Flow of Physical Transferred Direct Conversion Flow of Production Units Materials Costs in Units to account for Begining work in process July 1 2,000 230,000 Plus: Transfered in during July Total physical units to account for Units accounted for Completed and tranafeed out during Auy 31,000 Plus: Ending work in process, Jly 31 Total physical units accounted for Total Equivalent Units E5-25A (similar to) EQuestion Help Account McKnight's Hot Sauce uses a prooess costing system to determine its product's cost. The last of the three processos is packaging. The Packaging Department reported the following information for the month of July EBClick the icon to view the reported information for July.) nu The units in ending work in prooess inventory were 80 % complete with respect to direct materials but only 50% complete with respect to oonversion ents Requirement Summarize the flow of physical units and compute output in terms of oquivalent units in order to arrive at the missing figures (a) throuph () ework uiz/Test McKnight's Hot Sauce Packaging Department Step 1: Step 2: Equivalent Units Month Ended July 31 Flow of Physical Direct Transferred- Conversion Flow of Production in Costs Units Materials Units to account for 26,000 Beginning work in process, July 1 230,000 Plus: Transferred in during July 256,000 Total physical units to account for Units accounted for 225,000 225.000 225.000 Completed and transferred out during July 24.800 15.500 31,000 Plus: Ending work in process, July 31 256.000 Total physical units accounted for 240 800 240,500 Total Equivalent Units Enter any number in the edit fields and then click Check Ahswer Check Answer Clear All All parts showing Lr Xd Br Ru Ps Lr W XP E5-25A (similar to) Question Help t McKnight's Hot Sauce uses a process costing system to determine its product's cost. The last of the three processes is packaging. The Packaging Department reported the following information for the month of July (Click the icon to view the reported information for July.) The units in ending work in process inventory were 80% complete with respect to direct materials but only 50% complete with respect to conversion. Requirement Summarize the flow of physical units and compute output in terms of equivalent units in order to aive at the missing figures (a) through () McKnight's Hot Sauce Packaging Department Step 1: Step 2: Equivalent Units Month Ended July 31 Flow of Physical Transferred- Direct Conversion Flow of Production Units in Materials Costs Units to account for: Beginning work in process, July 1 26,000 230,000 Plus: Transferred in during July 256,000 Total physical units to account for Units accounted for 225,000 225,000 225,000 Completed and transferred out during July 31,000 24,800 15,500 Plus: Ending work in process, July 31 256,000 Total physical units accounted for Enter any number in the edit fields and then click Check Answer. All parts showing Clear All Check
