Nonuniform Inputs, Transferred-In Cost Drysdale Dairy produces a variety of dairy products. In Department 12, cream...

Question

Question

Nonuniform Inputs, Transferred-In Cost Drysdale Dairy produces a variety of dairy products. In Department 12, cream (transfer

Part 1: Physical Flow Report 1. Prepare a physical flow schedule for the month. Drysdale Dairy Physical Flow Schedule For the

business accounting

Add a comment Improve this question Transcribed image text

Answer 1

Answer #1

1
Units to account for:
Units in beginning work in process	40000
Units started	110000
Total Units to account for	150000
Units accounted for:
Units transferred out	120000
Units in ending work in process	30000
Total Units accounted for	150000

2
Transferred in	150000	Equivalent units
Materials	150000	Equivalent units
Conversion	138000	Equivalent units	=120000+(30000*60%)

Add a comment

Answer 2

Similar Homework Help Questions

Nonuniform Inputs, Transferred-In Cost Drysdale Dairy produces a variety of dairy products. In Department 12, cream...

Nonuniform Inputs, Transferred-In Cost Drysdale Dairy produces a variety of dairy products. In Department 12, cream (transferred in from Department 6) and other materials (sugar and flavorings) are mixed at the beginning of the process and churned to make ice cream. The following data are for Department 12 for August: Production: Units in process, August 1, 30% complete 30.000 Units completed and transferred out 140,000 Units in process, August 31, 60% complete 20,000 "With respect to conversion costs. 1. Prepare...
Calculator Drysdale Dairy produces a variety of dairy products. In Department 12, cream (transferred in from...

Calculator Drysdale Dairy produces a variety of dairy products. In Department 12, cream (transferred in from Department 6) and other materials (sugar and flavorings) are mixed at the beginning of the process and churned to make ice cream. The following data are for Department 12 for August: Production: Units in process, August 1, 25% complete* 40,000 Units completed and transferred out 130,000 30,000 Units in process, August 31, 70% complete* *With respect to conversion costs. 1. Prepare a physical flow...
just the last part(assignment of total cost) ussions Woodson Dairy produces an organic butter that is...

just the last part(assignment of total cost) ussions Woodson Dairy produces an organic butter that is sold by the pound. The production of the butter begins in the Chumning Department Data for the Chumning Department for January follows: Click the icon to view the data from January) Read the regirements Library utor Requirement 1. Prepare a production cost report for January for the Churning Department Prepare a production cost report for the Churning Department, one section at a timeFor entries...

Nonuniform Inputs, Equivalent Units Terry Unens Inc, manufactures bed and bath linens. The bath linens department...

Nonuniform Inputs, Equivalent Units Terry Unens Inc, manufactures bed and bath linens. The bath linens department sews terry cloth into towels of various sizes. Terry uses the weighted average method. All materials are added at the beginning of the process. The following data are for the bath linens department for August: Production: 17,500 61,000 Units in process, August 1, 25% complete Units completed and transferred out Units in process, August 31, 66% complete - With respect to conversion costs. 27,250...
Jackson Products produces a barbeque sauce using three departments: Cooking, Mixing, and Bottling. In the Cooking...

Jackson Products produces a barbeque sauce using three departments: Cooking, Mixing, and Bottling. In the Cooking Department, all materials are added at the beginning of the process. Output is measured in ounces. The production data for July are as follows: Production: Units in process, July 1, 60% complete* Units completed and transferred out Units in process, July 31, 80% complete* * With respect to conversion costs. 10,000 80,000 15,000 Required: 1. Prepare a physical flow schedule for July. Jackson Products...
Jackson Products produces a barbeque sauce using three departments: Cooking, Mixing, and Bottling. In the Cooking...

Jackson Products produces a barbeque sauce using three departments: Cooking, Mixing, and Bottling. In the Cooking Department, all materials are added at the beginning of the process. Output is measured in ounces. The production data for July are as follows: Production: Units in process, July 1, 70% complete* 10,100 Units completed and transferred out 83,000 Units in process, July 31, 80% complete* 15,600 * With respect to conversion costs. Required: 1. Prepare a physical flow schedule for July. Jackson Products...

Unit Information with BWIP, Weighted Average Method Jackson Products produces a barbeque sauce using three departments:...

Unit Information with BWIP, Weighted Average Method Jackson Products produces a barbeque sauce using three departments: Cooking, Mixing, and Bottling. In the Cooking Department, all materials are added at the beginning of the process. Output is measured in ounces. The production data for July are as follows: Production: Units in process, July 1, 70% complete* 10,800 Units completed and transferred out 88,000 Units in process, July 31, 80% complete* 15,900 * With respect to conversion costs. Required: 1. Prepare a...
part 3 Nonuniform Inputs, Weighted Average Carter Inc. had the following production and cost information for...

part 3 Nonuniform Inputs, Weighted Average Carter Inc. had the following production and cost information for its fabrication department during April (with materials added at the beginning of the fabrication process): Production: Units in process, April 1, 50% complete with respect to conversion 10,000 Units completed 65,200 Units in process, April 30, 60% complete 12,000 Costs: Work in process, April 1: Materials $40,980 Conversion costs 14,600 Total $55,580 Current costs: Materials $125,000 Conversion costs 210,000 Total $335,000 Carter uses the...
Unit Information with BWIP, FIFO Method Jackson Products produces a barbeque sauce using three departments: Cooking,...

Unit Information with BWIP, FIFO Method Jackson Products produces a barbeque sauce using three departments: Cooking, Mixing, and Bottling. In the Cooking Department, all materials are added at the beginning of the process. Output is measured in ounces. The production data for July are as follows: Production: Units in process, July 1, 70% complete* 10,700 Units completed and transferred out 82,000 Units in process, July 31, 80% complete* 15,100 * With respect to conversion costs. Required: 1. Prepare a physical...

The Welding Department of Healthy Company has the following production and manufacturing cost data for February...

The Welding Department of Healthy Company has the following production and manufacturing cost data for February 2020. All materials are added at the beginning of the process. Manufacturing Costs Production Data Beginning work in process Beginning work in process 15,000 units, 1/10 complete Materials $18,100 Units transferred out 55,400 Conversion costs 14,260 $32,360 Units started 51,100 Materials 229,775 Ending work in process 10,700 units, 1/5 complete Labor 67,800 Overhead 41,651 Prepare a production cost report for the Welding Department for...

Nonuniform Inputs, Transferred-In Cost Drysdale Dairy produces a variety of dairy products. In Department 12, cream...

Homework Answers