Work in Process Account Date for Two Months; Coct of Prodvcton Peports Hearty Soup Co. uses a process cost system to record the costs of processing soup, which requires the cooking and faling processes, Materials are entered from the cooking process at the beginning of the filling process. The inventory of Work in Process-Filling on April 1 and debits to the account during Apoll were as follows Ouring Aprit, 600 units in process an April 1 were completed, and ot the 13,560 units entering the department, all were compieted except 1 , 300 units that were 904 . completed. Charges to Work in Procesi-Filing for May were as foliows: During May, the units in prochis at the beginning of the month were completed, and of the 15,600 units entering the deportment, ali wece completed except 800 in ti that A more Crack My Wionk unes temaining During May, the units in process at the beginning of the month were completed, and of the 15,600 units entering the department, all were completed evcept B00 units that were 60% completed. Mequired: 1. Enter the baiance as of Aprit 1 in a four-column account for Work in Process-Filing. Record the debits and credits in the account for Apnil Construct a cost of production report and present computabions for determining (a) equivalent units of production for materials and conversion; (b) cost per equivaient unit; (c) cost of goods finktied. differentiating between units started in the prior period and units started and finished in April; and (d) work in process imventory. If an amount box does not require an entry; leave it blanki I more Check My Whok uses remainung If an amount bor does not require an entry, lesve it biank. Round cost per unit answers to the nearest cent. 1 more Check My Work Gses remairing If moce Chock My Work uses rertaining. 2. Provide the same information for May by recording the May bransactions in the four-column work in process account. Construct a cost of production regort and present the Moy computations (e through d) lsted in part (1). If an amount box does not require an entry, leave it blank: If an ameunt box does not require an entry, leave it biank. Round cost per unit answers to the nearest cent. If an amount bok does not requre an entry, lewve it blank. Round cost per unit answers to the nearest cent. Chapter 20 HW Assignments elook \begin{tabular}{|l|l|} \hline Costs per equlvalent unit: \end{tabular} Costs Total costs for May in filling Department Total equivaient unies Cost ow equivaitnt onk (b) Centr charoed to production: teventory in process, May 1 Costs incurred in May Tutal covts accounted for by the Fasing bepariment Cost aliocated to compieted and partialiy compieted units: Inventory in procens, Mor 1 samace (c) To complete invertory in process, May 1 (c) Cast of curpleted Mey I mork in prochss Started and compietes in May (C) Thanatered to finished poods in May (c) Inventery in process, May 31 ( (d) Dotal conts ass goned oy the ruing Desartment. 3. The cogt ene engivelent unit for direct materiais? Oreck Ma work 1 mowe Oheck Wy Work usee nemining 3. The cost per equivaient unit for direct materials from March to May, The cost per equivalent unit for conversion costs from March to May. These changes be investigoted for their undertying causes, and any necessary corrective actions should be taken: Work in Frocess Arritunt Bats for The Momthe: Cout ef Froturtion fieporta 1 more Check Ny Rok uses smaking If an amount bor does not requist an entry, lave r blank. hound cest per wnit answers to the nearest cent. 1 mare Crack My Fhe uees aemasund Chapter 20 HW Acslanmeats in pert (1). If an mmount bok doen not require an entry, leave it bimek. 1 mare Check, My RWus uees marnaiog Hevas If an amount box does rot reoule on ertry, leove is bibnk. Rovend cost per anit anomers te the nearest cent. Frien March is Muy. These charyes 1 mite Choyk Ny Rash uses nitaning Work in Process Account Date for Two Months; Coct of Prodvcton Peports Hearty Soup Co. uses a process cost system to record the costs of processing soup, which requires the cooking and faling processes, Materials are entered from the cooking process at the beginning of the filling process. The inventory of Work in Process-Filling on April 1 and debits to the account during Apoll were as follows Ouring Aprit, 600 units in process an April 1 were completed, and ot the 13,560 units entering the department, all were compieted except 1 , 300 units that were 904 . completed. Charges to Work in Procesi-Filing for May were as foliows: During May, the units in prochis at the beginning of the month were completed, and of the 15,600 units entering the deportment, ali wece completed except 800 in ti that A more Crack My Wionk unes temaining During May, the units in process at the beginning of the month were completed, and of the 15,600 units entering the department, all were completed evcept B00 units that were 60% completed. Mequired: 1. Enter the baiance as of Aprit 1 in a four-column account for Work in Process-Filing. Record the debits and credits in the account for Apnil Construct a cost of production report and present computabions for determining (a) equivalent units of production for materials and conversion; (b) cost per equivaient unit; (c) cost of goods finktied. differentiating between units started in the prior period and units started and finished in April; and (d) work in process imventory. If an amount box does not require an entry; leave it blanki I more Check My Whok uses remainung If an amount bor does not require an entry, lesve it biank. Round cost per unit answers to the nearest cent. 1 more Check My Work Gses remairing If moce Chock My Work uses rertaining. 2. Provide the same information for May by recording the May bransactions in the four-column work in process account. Construct a cost of production regort and present the Moy computations (e through d) lsted in part (1). If an amount box does not require an entry, leave it blank: If an ameunt box does not require an entry, leave it biank. Round cost per unit answers to the nearest cent. If an amount bok does not requre an entry, lewve it blank. Round cost per unit answers to the nearest cent. Chapter 20 HW Assignments elook \begin{tabular}{|l|l|} \hline Costs per equlvalent unit: \end{tabular} Costs Total costs for May in filling Department Total equivaient unies Cost ow equivaitnt onk (b) Centr charoed to production: teventory in process, May 1 Costs incurred in May Tutal covts accounted for by the Fasing bepariment Cost aliocated to compieted and partialiy compieted units: Inventory in procens, Mor 1 samace (c) To complete invertory in process, May 1 (c) Cast of curpleted Mey I mork in prochss Started and compietes in May (C) Thanatered to finished poods in May (c) Inventery in process, May 31 ( (d) Dotal conts ass goned oy the ruing Desartment. 3. The cogt ene engivelent unit for direct materiais? Oreck Ma work 1 mowe Oheck Wy Work usee nemining 3. The cost per equivaient unit for direct materials from March to May, The cost per equivalent unit for conversion costs from March to May. These changes be investigoted for their undertying causes, and any necessary corrective actions should be taken: Work in Frocess Arritunt Bats for The Momthe: Cout ef Froturtion fieporta 1 more Check Ny Rok uses smaking If an amount bor does not requist an entry, lave r blank. hound cest per wnit answers to the nearest cent. 1 mare Crack My Fhe uees aemasund Chapter 20 HW Acslanmeats in pert (1). If an mmount bok doen not require an entry, leave it bimek. 1 mare Check, My RWus uees marnaiog Hevas If an amount box does rot reoule on ertry, leove is bibnk. Rovend cost per anit anomers te the nearest cent. Frien March is Muy. These charyes 1 mite Choyk Ny Rash uses nitaning