Wilson Winery in Pleasant Valley, New York, has two departments: Fermenting and Packaging. Direct materials are added at the beginning of the fermenting process (grapes) and at the end of the packaging process (bottles). Conversion costs are added evenly throughout each process. The company uses the weighted average method. Data from the month of March for the Fermenting Department are as follows: (Click the icon to view the data from March.) Read the requirements. Physical Direct Conversion UNITS Units Materials Costs Units to account for: Beginning work-in-process Started in production 900 7,600 Total units to account for 8,500 Units accounted for: Completed and transferred out 7,800 700 7,800 700 7,800 560 Ending work-in-process 8,500 8,500 8,360 Total units accounted for Requirement 2. Compute the total costs of the units (gallons) (a) completed and transferred out to the Packaging Department, and (b) in the Fermenting Department ending Work-in-Process Inventory. Complete the Production Cost Report that you began in Requirement 1 by calculating the costs per equivalent unit in this step, and then by calculating the the total cost of units completed and transferred out and of units in ending inventory in the following step. (Round the cost per equivalent unit amounts to the nearest cent and all other amounts to the nearest dollar. Abbreviation used: EUP = equivalent units of production.) Wilson Winery Production Cost Report - Fermenting Department (Partial) Month Ended March 31 Direct Conversion Total COSTS Materials Costs Costs Costs to account for: Beginning work-in-process Costs added during the period Total costs to account for Divided by: Total EUP Cost per equivalent unit Choose from any list or enter any number in the input fields and then click Check Answer. part remaining Clear All Check Answer Wilson Winery in Pleasant Valley, New York, has two departments: Fermenting and Packaging. Direct materials are added at the beginning of the fermenting process (grapes) and at the end of the packaging process (bottles). Conversion costs are added evenly throughout each process. The company uses the weighted average method. Data from the month of March for the Fermenting Department are as follows: (Click the icon to view the data from March.) Read the requirements. Physical Direct Conversion UNITS Units Materials Casts Units to account for: Beginning work-in-pr Data Table - Started in production Total units to account for Gallons Units accounted for: Beginning Work-in-Process Inventory Started in production Completed and transferred out to Packaging in March Ending Work-in-Process Inventory (80% of the way through the fermenting process) Costs 900 gallons 7,600 gallons 7,800 gallons Completed and trang Ending work-in-proce 700 gallons Total units accounted for Beginning Work-in-Process Inventory: Direct materials ht, and (b) in the $ 4,460 Requirement 2. Comput Fermenting Department Complete the Production calculating the the total c equivalent unit amounts 230 , and then by und the cost per units of production.) 180 Direct labor Manufacturing overhead allocated Costs added during March: Direct materials 4,550 P Direct labor 182 3,588 Manufacturing overhead allocated $ 8,320 COSTS Total costs added during March Costs to account for: Beginning work-in-prl Print Done Costs added during Total costs to account for Divided by: Total EUP Cost per equivalent unit Choose from any list or enter any number in the input fields and then click Check Answer. ? 1 part Clear All Check Answer remaining
