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Two departments; WA Always Christmas makes artificial Christmas trees in two departments: Cutting and Boxing. In the Cutting Department, wire wrapped with green needles
Two departments; WA Always Christmas makes artificial Christmas trees in two departments: Cutting and Boxing. In the Cutting Department, wire wrapped with green "needles" is placed into production at the beginning of the process and is cut to various lengths. The "branches" are then transferred to the Boxing Department, where the lengths are separated into the necessary groups to make a tree. The "limbs" are then placed in boxes and immediately sent to Finished Goods. The following data are available related to the October production in each of the two departments: - Cutting Development Percent of Completion Units Transferred In Material Conversion Beginning WIP Inventory 12,800 N/A 100 40 00 Started in process 57,600 Ending inventory 5,760 N/A 100 70 Boxing Department Beginning WIP Inventory 4,000 100 0 65 Transferred in ? Ending inventory 1,920 100 0 70 Costs Transferred In Material Conversion Cutting Department Beginning WIP Inventory N/A Current period N/A $468,800 $128,000 2,206,400 2,069,504 Boxing Department Beginning WIP Inventory $266,272 $. $11,189 Current period 7 613,824 393,792 Part A Part B G d: S aza a. Prepare a cost of production report for the Cutting Department assuming a weighted average method. Note: Round the costs per EUP to the nearest two decimal points; use the rounded amounts in subsequent calculations Note: Other than costs per EUP, round all amounts to the nearest whole dollar. Cutting Department Cost of Production Report (WA Method) For the Month of November Production Data: Units Beginning WIP inventory 0 Units started 0 Units to account for 0 Units Material Conversion Beginning WIP Inventory 0 0 0 Started & completed Ending WIP inventory Units accounted for Cost Data: 0 0 0 0 0 0 0 0 0 Total Material Conversion Beginning WIP Inventory S 0 $ 0 $ 0 Current costs 0 0 0 Cost to account for $ 0 $ 05 0 Divided by EUP 0 0 Cost per EUP $ 05 05 0 Cost Assignment Transferred out $ 0 Ending inventory: Material $ 0 Conversion Total cost accounted for $ 00 Note: Round the costs per EUP to the nearest two decimal points; use the rounded amounts in subsequent calculations. Note: Other than costs per EUP, round all amounts to the nearest whole dollar. Production Data: Boxing Department Cost of Production Report (WA Method) For the Month of November Units Beginning WIP inventory 0 Units started 0 Units to account for 0 Units Transferred In Material Conversion Beginning WIP Inventory 0 0 0 0 Started & completed 0 0 0 0 Ending WIP inventory (100 %, 0%, 70%) 0 0 0 0 Units accounted for 0 0 0 0 Cost Data: Total Transferred In Material Conversion Beginning WIP Inventory $ 0 $ 0 $ 0 $ 0 Current costs 0 0 0 0 Cost to account for $ 05 0 $ 0 $ 0 Divided by EUP 0 0 0 Cost per EUP $ 05 0 $ 05 0 Cost Assignment Transferred out $ 0 Ending inventory: Transferred in Conversion 0 0 Total cost accounted for $
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