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 100 Percent of Completion Units Transferred in Material Conversion Cutting Development Beginning WIP Inventory 4.800 NIA 40 Started in process 21,600 Ending inventory 2160 NA 100 20 Boxing Department Beginning WIP Inventory 1.500 100 0 65 Transferred in > Ending inventory 100 0 70 Costs Transferred in Material Conversion Cutting Department Beginning inventory $175,500 SARDO Current penod NA 127,400 776,064 Boxing Department Beginning WIP Inventory 599,852 $ $4196 Current period 230184 147,672 720 NA 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. Conversion Cutting Department Cost of Production Report (WA Method) For the Month of November Production Data Units Beginning WIP inventory Units started Units to account for Units Material Beginning WIP Inventory Started & completed Ending WIP inventory Units accounted for CostData Total Material Beginning WIP Inventory 5 Current costs Cost to account for $ $ Divided by EUP Cost per EUP $ $ Cost Assignment Transferred out Ending inventory Material 5 Conversion Total cost accounted for Conversion 5 $ 5 a yo al 6. Using the data developed from (a), prepare a cost of production report for the Boxing 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 Boxing Department Cost of Production Report (WA Method) For the Month of November Units Production Data Beginning WIP inventory Units started Units to account for Units Transferred in Material Conversion Total Conversion Transferred in Material $ $ $ $ $ 5 $ $ Beginning WIP Inventory Started & completed Ending WIP inventory (100%, 0%, 70%) Units accounted for Cost Data: Beginning WIP Inventory Current costs Cost to account for Divided by EUP Cost per EUP Cost Assignment Transferred out Ending inventory Transferred in Conversion Total cost accounted for 5 $ $ 5
