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Paints by Lucy prepares andoackages paint products. The company has two departments: (1) Blending and (2) 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. Data from the month of May for the Blending Department are as follows: E (Click the icon to view the data from May.) Read the requirements. Hequirement z. summanze tne pnysical mow or units ana compute totai equivaient units ror airect materials and for conversion costs. (For entries with a 0 balance, make sure to enter O in the appropriate column.)
Month Ended May 31 Flow of Equivalent Units Conversion Physical Direct Materials Costs Units Flow of Production Units to account for: oud Units accounted for: 660 ()()() () (İt10 1100t)p@ #00 Total equivalent units
Gallons: Beginning work in process inventory Started production Completed and transferred out to 0 . . . . . . . Packaging in May Ending work in process inventory (40% of the way through the blending process) 2,100 gallons Costs: 0 Beginning work in process inventory Costs added during May: . . . . . .. Direct materials (dyes) Direct labor . . 5,166 600 1,829 7,595 Manufacturing overhead Total costs added during May
0 0
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Answer #1
Equivalent Units
Whole Units Transferred in Direct Materials Conversion cost
UNITS
Units to account for
Beginning inventory                               -  
Started in production 8200
Total units to account for 8200
Units accounted for
Completed and transferred out 6100 6100 6100
Ending work in process 2100 2100 840
Total units accounted for 8200 8200 6940
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