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1,200 Total units accounted for Requirement 2 Compute the total costs of the uni

ID: 2411632 • Letter: 1

Question

1,200 Total units accounted for Requirement 2 Compute the total costs of the units (gallons) (a) compieted and tranaferned out lo the Packaging Deparment, and Complete the Production Cos: Report that you began in Requitement 1 by cakculating the costs per equivalent unit in this step, and nearest dolar. Abbreviation used EUP equlvalent units of produciion.) Shea Winery Production Cost Report- Fermenting Department (Parial) Month Ended March 31 Direct Converslon Total COSTS Matertals Coste Coste Costs to account Sor Beginning work-in-process S40 $ 405 5 945 5,971 S 9,828 7,088 16916 Costs added during the period Total costs to account for Divided by Total EUP Cost per equivaient unt Costs accounted for 9,288 9,100 8,800 1.08 $ 0.80 Total coets accounted tor Choose from any list or enter any number in the input fields and then click Check Answer All parts showing O Type here to search

Explanation / Answer

Material Conversion Total Beginning WIP 540 405 945 Current cost 9288 6683 15971 Total cost to account for 9828 7088 16916 Divide by EUP 9100 8860 Cost per EUP 1.08 0.8 Cost accounted for: Units completed and transferred out 8532 6320 14852 Cost of ending Wip 1296 768 2064 Total cost accounted for 9828 7088 16916