Take Test: Exam 1-Fall 201... Chapters-Fall 2018-Intro to... Mail Color Explosio
ID: 2337297 • Letter: T
Question
Take Test: Exam 1-Fall 201... Chapters-Fall 2018-Intro to... Mail Color Explosion prepares and packages paint products. Color Explosion has two departments: Blending and Packaging. Direct materials are added at the beginning of the blending process and at the end of the packaging process. Conversion costs are added evenly throughout each process. Data from the month of May for the Blending Department are as follows: Gallons 0 gallons 8.500 gallons Beginning Work-in-Process Inventory Ending work-in-Process (30% completed) 000 gallons Costs Beginning Work-in-Process Inventoryso Costs added in the Month: Direct Materials Direct Labor Manufacturing Overhead allocated 5.525 1,500 Total Costs added during May S 9.572 1. Compute the Blending Department's cquivalent units of production for direct materials and conversion costs (8 pts) 2. Compute the total costs of the units (gallons) a. Completed and transferred out so the Packaging Department (8pts) b. In the Blending Department ending Work-in-Process Inventory (9 pts)Explanation / Answer
8) Equivalent Units :-
Cost Per Equivalent Unit :-
Completed and Transferred Cost :-
Ending Work in Progress Cost :-
Particulars Materials Conversion beginning WIP 0 0 Completed and Transferred out 6500 6500 % of Completion 100% 100% Ending WIP (2000*30%) 600 600 % of Completion 30% 30% Total Equivalent Units 7100 7100Related Questions
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