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word entries Instructions Chart of Accounts Cost of Production Report Journal Final Questions Instructions White Diamond Flour Company manufactures flour by a series of three
word entries Instructions Chart of Accounts Cost of Production Report Journal Final Questions Instructions White Diamond Flour Company manufactures flour by a series of three processes, beginning with wheat grain being introduced in the Miling Department. From the Milling Department, the materials pass through the Sitting and Packaging departments, emerging as packaged refined four The balance in the account Work in Process-Sitting Department was as follows on July 1: Work in Process-Sifting Department (900 units, 3/5 completed): Direct materials (900 $2.05) $1,845 Conversion (900 3/5 $0.40) 216 $2,061 The following costs were charged to Work in Process-Siting Department during July Direct materials transferred from Milling Department 15.700 units at $2.15 a uni $33,755 mon Clack Me Vind unes remainin stat Ref for E Booty gym P Next Equivalent units and related costs; cost of production report; entries Instructions Chart of Accounts Cost of Production Report Journal Instructions The following costs were charged to Work in Process-Siting Department during July Direct materials transfered from Miling Department 15,700 units at $2.15 un Direct labor Factory overhead $33,755 4,420 2.708 Final Questions During July 15.500 units of four were completed. Work in Process-Sting Department on July 31 was 1,100 units, 45 completed Required: 1. Prepare a cost of production report for the Sinting Department for July. If an amount is zero enter. Rund your cost per unit answers to the nearest cent 2. Joumalize the entries for coats transferred from Milling to Siting and the costs transfered from Sifting to Packaging. Refer to the chart of accounts for the exact wording of the account titles CNOW journals do not use lines for spaces or journal explanations. Every line on a joumal page is used for debit or credit entries. Do not add explanations or skip a line between joumal entries CNOW journals will automatically inde a credit entry when a credit amount is entered Use the date July 31 for all joumal entries Check My Work 2 more Check My Work unes remaining Next B untit 202- stateme Referen for Emel Booty worke Sym 2.mp Photo att Equivalent units and related costs; cost of production report entries Instructions Chart of Accounts Cost of Production Report Journal instructions Drect materials transferred from Milling Department 15.700 units at $2.15 aunt Direct labor Factory overhead $33,755 4,420 2,708 Final Questions During July, 15,500 units of four were completed. Work in Process-Sting Department on July 31 was 1,100 unicomp 20220110- Reference Lan for 22-23 Required 1. Prepare a cost of production report for the Sitting Department for July an a the nearest cent t is zero enter " Round your cost per unit answers to Booty workout the chart of 2. Joumate the entries for costs transferred from Milling to Siting and the costs and from Sing to Packaging accounts for the exact wording of the account sites. CNOW joumas do not use lines for spaces or jounganations, Every ne onajo page is used for debit or credit entries. Do not add explanations or skip a line between jounal arenes CNOW joumals will automatically indent a credit entry when a credit amount is entered Use the date July 31 for all joul 3. Determine the increase or decrease in the cat.cer navalent unit from June to July for direct materials and conversion costs Round your answers to the nearest cent Discuss the uses of the cost of production report and the results of part (3) Check My Work 2 more Check My Work uses remaining Phots on 3-2 at 12.26 m Book Cost of Production Report UNITS Units charged to production: CangigeNOW | Online teaching and m We Diamand Flu Camy Manua For the Month End July 31 Whole Units Direct Ma Conversion inventory in process. Judy 1 700X Received from Milling Dep 11800 X Total units accounted for by the Sining Department M800 X Units to be assigned costs Inventory in process, July 135 completed) 700X Blarted and completed in July Transferred to Packaging Department in July 145,000X 141,000 X 14 Inventory in process, July 31 (415 completed) 1300X 1300 X 1040 X Total unit to be assigned 1,000 1000X 30X P 118 Next 20220110 Reference Letter Basty workout 2.mp4 Gym B Pland Photon 3-25-21 at 12.26 PM Cost of Production Report Total costs for July in Sing Department Cost per un Cengage One teaching and ming Wind Flour Conery Manufactur de Cay Costs assigned to production ventory in process July! CuJuly Total costs accounted for by the Siting Department Costs allocated to completat and partly completed un Inventory in process, July 1-balance To complete inventory in process, July 1 Cost of completed July 1 work in process Duet Material Conver X 1830 X 1231X X 31.600 X Tal Shaded cols t 20220110- 1100 x 340X Reference Letter for 22-2 X Not A Bety work 2.mp4 Gym B Pland Photo 3-25-21 12.26 PM K in Hy Cost of Production Report Costs assigned to production Costs incurred in July Cengage2ching and in White Dad C Total costs and for by the Sing Department Costs allocated to completed and partly completed Inventory in process, July- To complete inventory in process July 1 Cost of completed July 1 workinprocess Started and completed in Juty Transfered to Packaging Dement in July Ts assigned by the Sting Depart 131X X X $3437 X X 201 ALEX 3066 3 X Loss X 364 X HAMEX Wed 7:37 PM Q 20220110- Later Sym Z.mp4 Gym B Equivalent units and related costs; cost of production report: entries Instructions Chart of Accounts Cost of Production Raport Journal Final Questions Journal 2. Joumalize the entries for costs transfemed from Milling to Siting and the costs thanafamed from Sting to Packaging Refer to the chart of acres to the exact wording of the amou CNOW journals do not use lines for speces or joumal explanations. Every line on a journal page is used for debit or credit wires. Do not add explanations or spine betw anties CNOW journals will automatically indent a credit entry when a credit amount is entered Use the date July 31 for all jum 20220110- Question not attempted. DATE JOURNAL Score: 1 ACCOUNTING EQUATION DESTION POST M CREDIT LAUD tou Check My Work 2 more Check My Works remaining Reference Letter for Emel 22-2 Booty workout Gym B Points 0/10 Photo 3-25-21 Next at 26PM All work saved. Enal instructor Save and tx Submit Assign for Grading Canggihow Online teaching and ning White Diamond Finar Company Mantur. Equivalent units and related cests; cost of production report; entries Instructions Chart of Accounts Cost of Production Report Journal Final Questions Final Questions 3. Delmine the crease or decrease in the cost per equent unit from June to July for direct material and conversion costs. Round your new to the Drect mater Conve 4 Discuss thes of the cost of production report and thereof (3) The cost of production report may be used as the bass for allocating product costs between Po 14 The port can con costs by holding each department head responsible for the units entering production and the ces incured in the patent Aydences in unit pducts from one m anche such as those in j 3 can be sed carefully and any signart renes invely Check My Work 2 mo Check My Wirkung untitled folder 20220110 Points 6/ 2.mp4 Gym B Plan Photo 3-25-21 Next Instructions Chart of Accounts Cost of Production Report Journal Final Questions Instructions Whas Damond Flour Company manufactures four by a series of three processes, beginning with wheel grain bengoded in Ming Department From the g 20220110 The balance in the account Work in Processing Department was as lows on July 1 Work Process-Sitting Opment 300 ans, 35 compl Conversion (500 5/5 The folowing costs were charged to Work in Processing Department Buing July Deed ng Depen Check My Work more Check My re Save and Submit Agent for Grading Reference Letter Sooty workout Cy
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