Question

Step-by-Step Painting prepares and packages paint products. Step-by-Step Painting has two departments: Blending and Packaging. Direct materials are added at the beginning of the blending process (dyes) and at the end of the packaging process (cans). Conversion costs are added evenly throughout each process. The company uses the weighted average method. Data from the month of May for the Blending Department are as follows: مع صاحك مطمنمنماصصصنعطال علمناصر الحال Rea Data Table Req "0" hd for conversion costs. (Complete all answer boxes. Enter a 0 gallons 9,000 gallons 4,000 gallons 5,000 gallons Gallons Beginning Work-in-Process Inventory Started in production Completed and transferred out to Packaging in May Ending Work-in-Process Inventory (30% of the way through the blending process) Costs Beginning Work-in-Process Inventory Costs added during May: Direct materials SUD $ 0 6,750 Direct labor 1,300 2,000 Manufacturing overhead allocated Unit $ 10,050 Total costs added during May Chod Print Print [ Done]

Answer 1

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Step by Step
Cost of Production Report- Blending Department (Partial))
For the month ended May 31		Equivalent Units
Unit information	Physical Units	Materials	Conversion
Units to account for
Opening Inventory in process	-
Units started during the period	9,000.00				Note B
Total units to account for	9,000.00				Started and completed in the same period
					Goods finished in the period	4,000.00
Units accounted for					Less: Opening work in process	-
Opening Inventory in process	-	-	-		Started and completed in the same period	4,000.00
Started and completed in the same period	4,000.00	4,000.00	4,000.00	See note B
Goods transferred out in the period	4,000.00	4,000.00	4,000.00
Closing Inventory in process	5,000.00	5,000.00	1,500.00	This is closing units multiplied by % of completion
Total Units accounted for	9,000.00	9,000.00	5,500.00
Cost Information				Total
Costs to account for
Costs in the beginning inventory		-	-	-
Costs added to production during the month		6,750.00	3,300.00	10,050.00
Total Costs to account for		6,750.00	3,300.00	10,050.00
Cost per equivalent unit		0.75	0.60	1.35
Costs accounted for
To complete opening inventory in process		-	-	-
Started and completed in the same period		3,000.00	2,400.00	5,400.00
Cost of the units transferred to the next department				5,400.00
Closing Inventory in process		3,750.00	900.00	4,650.00
Total Costs accounted for		6,750.00	3,300.00	10,050.00