Help me answer accounting question Sunspot Beverages. Ltd., of Fiji makes blende

Question

Help me answer accounting question

Sunspot Beverages. Ltd., of Fiji makes blended tropical fruit drinks in two stages. Fruit juices are extracted from fresh fruits and then blended in the Blending Department. The blended juices are then bottled and packed for shipping in the Bottling Department. The following information pertains to the operations of the Blending Department for June. Units Materials Conversion 20.000 100% Work in process, beginning 75% Started into production 180,000 Completed and transferred out 160,000 Work in process, ending 40,000 100% 25% Materials Conversion Work in process, beginning 25,200 24,800 Cost added during June 334,800 238,700 Req Assume that the company uses the weighted-average method. 1. Determine the equivalent units for June for the Blending Department. Materials Conversion Equivalent units of production 2. C the costs per equivalent unit for the Blending Department. (Round your answers to 2 decimal places aterials Conversion Cost per equivalent unit 3. D to the Bottling Department. Cost of ending work in process inventory Cost of units completed and transferred out 4. Prepare a cost reconciliation report for the Blending Department for June. Blending Department Cost Reconciliation Costs to be accounted for: Total cost to be accounted for Costs accounted for as follows: Total cost accounted for

Explanation / Answer

1.

Statement of Equivaent production

2.statement showing cost per each unit

3.

cost of WIP=40,000*1.8+40,000*.25*1.55=$87,500

cost of tranferred out=160,000*(1.8+1.55)=$536,000

4. total cost to be accouned=$623,500

total cost accounted for=$536,000

Input (units) particulars    output units materials % Materials units conversion % conversion units 200,000 completed 160,000 100 160,000 100 160,000 WIP 40,000 100 40,000 25 10,000 200,000 200,000 200,000 170,000

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