Use Question 7 from HW6 for Sunspot Beverages to complete the requirements for the project Remember that Sunspot Beverages., Ltd of Fiji makes blended tropical fruit drinks in TWO stales (using TWO departments and TWO Work-in-Process inventory accounts), Fruit juices are extracted from fresh fruits and blended in the BLENDING Department. Once the product leaves the Blending Department, costs are transferred out of WIP-Blending and into WIP-Bottling. The Blending Department was analyzed in Question 7 of the HW6 on CONNECT. Highlighted amounts provided as check figures. Use these Inventory T-accounts for Sunspot Beverages month of June as directed in the requirements below. WIP-Blending WIP-Bottling Raw Material Inventory Bal 6/1 120,000 Finished Goods Inventory Bal 6/1 -0- Bal 6/30 98,000 Bal 6/30 -0- 1) (7 points) Accounting for first department: For the BLENDING Department: a) Use the information given" in CONNECT and include the June beginning account balance for WIP-Blending in the Taccount above. b) Use the "given" information and your "results" from CONNECT to write the journal entries for the following transactions as the relate to the account WP-Blending during June. i) Direct Material requested and added to the Blending department during June. ii) Assume 45% of the Conversions are direct labor. Write the journal entry to record the wages for June in the Blending Department. Sunspot Beverages und of Fuses the weighted average method in processos dedicabutan in two stages. Fruities are extracted from fresh fruits and then bended in the Binding Department. The ended are then botted and packed for shipping in the Betting Department. The following information perinto the operations of the Binding Required 1 Calculate the Blending Department's equivalent units of production for materials and conversion in June 2. Calculate the Blending Department's cost per equivalent unit for materials and conversion in June 3. Calculate the Blending Departments cost of ending work in process inventory for materials. conversion and in 4. Calculate the Blending Departments cost of units transferred out to the Betting Department for com June a ndi 5. Prepare a cost reconciliation report for the ending Department for June Complete this question by bring your answers in the the low B id 2 Required in Calculate the Blonding Dep i d for windows Equivalent units of Materials 310.000 Conversion 27.000 Complete this b ring your mes in the tabellen Required Red Calculate the Blending Decor i nformat i e . Rond de Conversion Cool per equivalent Materials 3 000 000 > Complete the groby ring your wer in the the below add Red Calculate the Blending Depar tending we e s informace Contounding work in procent Materials 30.000 Conversion $ 6.510 Total 7200 Neque od 2 Red Calculate the Blending Depa 's was the Big Deurmer ce Coloris completed and ridered Materials 173.10 Conversion 110.70 Total 4.5 Complete this question by entering your answers in the tabs below. Required I Required 2 Required 3 Required 4 Required 5 Prepare a cost reconciliation report for the Blending Department for June. (Round your intermediate calculations to 2 decimal places.) Blending Department Cost Reconciliation Costs to be accounted for: Cost of beginning work in process inventory Costs added to production during the period Total cost to be accounted for Costs accounted for as follows: Cost of units completed and transferred out Cost of ending work in process inventory Total cost accounted for $ 22,800 298,980 $ 321,780 $ 284,580 37,200 $ 321,780 Required 4 Required 5 1) (7 points) Accounting for first department: For the BLENDING Department: a) Use the information given in CONNECT and include the June beginning account balance for WIP-Blending in the Taccount above b) Use the "given" information and your "results from CONNECT to write the journal entries for the following transactions as the relate to the account WP-Blending during June. 1) Direct Material requested and added to the Blending department during June ii) Assume 45% of the c a re direct labor. Write the journal entry to record the wages for June in the Blending Department. iii) Write the journal entry to record the overhead applied to the Blending Department for June. Remember - Conversion costs are direct labor and overhead. iv) Write the journal entry to record the costs for the items completed and transferred out of Blending Department and moved added to Bottling Department. This JE should DECREASE WIP-Blending account and INCREASE WIP-Bottling account. The dollar amount of this JE should be your answer in the 2" to last row in the table of requirement 5 on CONNECT. c) Post the journal entries from b) above to the T-accounts above. Determine the ending balance for WIP-Blending. The ending balance should equal the dollar value in the top row of requirement 3 in your CONNECT problem. Check that it does. The requirements below relate to June activity in the SECOND department, (BOTTLING Department, the department AFTER Blending that was analyzed on CONNECT). In the Bottling department, the juice is portioned into bottles and packaged into cartons for shipping, The Bottling department uses Direct Material (the bottles) at the beginning of the process, while other materials and conversion costs are added evenly throughout rest of the process. Hint: You can treat the bottles as a separate cost category from the "other" material. The Bottling department will have a total of 4 cost categories: Bottles, Other Material. Conversion and "Blending or Transferred in costs. The transferred in costs are costs that were incurred during the Blending Process before items were brought to Bottling. These items are complete Use Question 7 from HW6 for Sunspot Beverages to complete the requirements for the project Remember that Sunspot Beverages., Ltd of Fiji makes blended tropical fruit drinks in TWO stales (using TWO departments and TWO Work-in-Process inventory accounts), Fruit juices are extracted from fresh fruits and blended in the BLENDING Department. Once the product leaves the Blending Department, costs are transferred out of WIP-Blending and into WIP-Bottling. The Blending Department was analyzed in Question 7 of the HW6 on CONNECT. Highlighted amounts provided as check figures. Use these Inventory T-accounts for Sunspot Beverages month of June as directed in the requirements below. WIP-Blending WIP-Bottling Raw Material Inventory Bal 6/1 120,000 Finished Goods Inventory Bal 6/1 -0- Bal 6/30 98,000 Bal 6/30 -0- 1) (7 points) Accounting for first department: For the BLENDING Department: a) Use the information given" in CONNECT and include the June beginning account balance for WIP-Blending in the Taccount above. b) Use the "given" information and your "results" from CONNECT to write the journal entries for the following transactions as the relate to the account WP-Blending during June. i) Direct Material requested and added to the Blending department during June. ii) Assume 45% of the Conversions are direct labor. Write the journal entry to record the wages for June in the Blending Department. Sunspot Beverages und of Fuses the weighted average method in processos dedicabutan in two stages. Fruities are extracted from fresh fruits and then bended in the Binding Department. The ended are then botted and packed for shipping in the Betting Department. The following information perinto the operations of the Binding Required 1 Calculate the Blending Department's equivalent units of production for materials and conversion in June 2. Calculate the Blending Department's cost per equivalent unit for materials and conversion in June 3. Calculate the Blending Departments cost of ending work in process inventory for materials. conversion and in 4. Calculate the Blending Departments cost of units transferred out to the Betting Department for com June a ndi 5. Prepare a cost reconciliation report for the ending Department for June Complete this question by bring your answers in the the low B id 2 Required in Calculate the Blonding Dep i d for windows Equivalent units of Materials 310.000 Conversion 27.000 Complete this b ring your mes in the tabellen Required Red Calculate the Blending Decor i nformat i e . Rond de Conversion Cool per equivalent Materials 3 000 000 > Complete the groby ring your wer in the the below add Red Calculate the Blending Depar tending we e s informace Contounding work in procent Materials 30.000 Conversion $ 6.510 Total 7200 Neque od 2 Red Calculate the Blending Depa 's was the Big Deurmer ce Coloris completed and ridered Materials 173.10 Conversion 110.70 Total 4.5 Complete this question by entering your answers in the tabs below. Required I Required 2 Required 3 Required 4 Required 5 Prepare a cost reconciliation report for the Blending Department for June. (Round your intermediate calculations to 2 decimal places.) Blending Department Cost Reconciliation Costs to be accounted for: Cost of beginning work in process inventory Costs added to production during the period Total cost to be accounted for Costs accounted for as follows: Cost of units completed and transferred out Cost of ending work in process inventory Total cost accounted for $ 22,800 298,980 $ 321,780 $ 284,580 37,200 $ 321,780 Required 4 Required 5 1) (7 points) Accounting for first department: For the BLENDING Department: a) Use the information given in CONNECT and include the June beginning account balance for WIP-Blending in the Taccount above b) Use the "given" information and your "results from CONNECT to write the journal entries for the following transactions as the relate to the account WP-Blending during June. 1) Direct Material requested and added to the Blending department during June ii) Assume 45% of the c a re direct labor. Write the journal entry to record the wages for June in the Blending Department. iii) Write the journal entry to record the overhead applied to the Blending Department for June. Remember - Conversion costs are direct labor and overhead. iv) Write the journal entry to record the costs for the items completed and transferred out of Blending Department and moved added to Bottling Department. This JE should DECREASE WIP-Blending account and INCREASE WIP-Bottling account. The dollar amount of this JE should be your answer in the 2" to last row in the table of requirement 5 on CONNECT. c) Post the journal entries from b) above to the T-accounts above. Determine the ending balance for WIP-Blending. The ending balance should equal the dollar value in the top row of requirement 3 in your CONNECT problem. Check that it does. The requirements below relate to June activity in the SECOND department, (BOTTLING Department, the department AFTER Blending that was analyzed on CONNECT). In the Bottling department, the juice is portioned into bottles and packaged into cartons for shipping, The Bottling department uses Direct Material (the bottles) at the beginning of the process, while other materials and conversion costs are added evenly throughout rest of the process. Hint: You can treat the bottles as a separate cost category from the "other" material. The Bottling department will have a total of 4 cost categories: Bottles, Other Material. Conversion and "Blending or Transferred in costs. The transferred in costs are costs that were incurred during the Blending Process before items were brought to Bottling. These items are complete