1) | Quantity Schedule and Equivalent units | |||||||
Quantity Schedule | ||||||||
Kilograms to be accounted for | ||||||||
Work in process ,May 1 | 21,400 | |||||||
Started into production | 167,000 | |||||||
Total kilograms | 188,400 | |||||||
Equivalent units(EU) | ||||||||
Units | Materials | Labor &OH | ||||||
Kilograms accounted for as follows | ||||||||
Transferred to Mixing | 171,300 | 171,300 | 171,300 | |||||
Work in process, May 31 | 17,100 | 17,100 | 11400 | |||||
total kilograms &Equivalent units of production | 188,400 | 188,400 | 182,700 | |||||
Costs per equivalent units | Materials | Labor&OH | ||||||
cost per Equivalent unit | 1.00 | 1.71 | ||||||
Cost Reconciliation | ||||||||
Equivalent units(EU) | ||||||||
Total cost | Materials | labor&OH | ||||||
Cost accounted for as follows: | ||||||||
Transferred to Mixing | 464439 | 171391 | 293048 | |||||
Work in process,May 31 | ||||||||
Materials | 17109 | 17109 | ||||||
labor & overhead | 19502 | 19502 | ||||||
total work in process | 36611 | |||||||
Total cost. | 501050 | |||||||
Weston Products manufactures an industrial cleaning compound that goes through three processing departments-grinding, mixing, and cooking....
Weston Products manufactures an industrial cleaning compound that goes through three processing departments—Grinding, Mixing, and Cooking. All raw materials are introduced at the start of work in the Grinding Department. The Work in Process T-account for the Grinding Department for May is given below: Work in Process—Grinding Department Inventory, May 1 374,660 Completed and transferred to the Mixing Department ? Materials 585,210 Conversion 375,114 Inventory, May 31 ? The May 1 work in process inventory consisted of 131,000 pounds with...
Weston Products manufactures an industrial cleaning compound that goes through three processing departments—Grinding, Mixing, and Cooking. All raw materials are introduced at the start of work in the Grinding Department. The Work in Process T-account for the Grinding Department for May is given below: Work in Process—Grinding Department Inventory, May 1 178,000 Completed and transferred to the Mixing Department ? Materials 724,040 Conversion 402,000 Inventory, May 31 ? The May 1 work in process inventory consisted of 50,000 pounds with...
Weston Products manufactures an industrial cleaning compound that goes through three processing departments—Grinding, Mixing, and Cooking. All raw materials are introduced at the start of work in the Grinding Department. The Work in Process T-account for the Grinding Department for May is given below: Work in Process—Grinding Department Inventory, May 1 286,200 Completed and transferred to the Mixing Department ? Materials 551,030 Conversion 331,442 Inventory, May 31 ? The May 1 work in process inventory consisted of 108,000 pounds with...
Weston Products manufactures an industrial cleaning compound that goes through three processing departments—Grinding, Mixing, and Cooking. All raw materials are introduced at the start of work in the Grinding Department. The Work in Process T-account for the Grinding Department for May is given below: ? Work in Process-Grinding Department Inventory, May 1 309,880 Completed and transferred to the Mixing Department Materials 580,000 Conversion 375, 371 Inventory, May 31 ? The May 1 work in process inventory consisted of 127,000 pounds...
Weston Products manufactures an industrial cleaning compound that goes through three processing departments-Grinding, Mixing, and Cooking. All raw materials are introduced at the start of work in the Grinding Department. The Work in Process T-account for the Grinding Department for May is given below: ? Work in Process-Grinding Department Inventory, May 1 109,450 Completed and transferred to the Mixing Department Materials 505,120 Conversion 282,832 Inventory, May 31 ? The May 1 work in process inventory consisted of 55,000 pounds with...
Weston Products manufactures an industrial cleaning compound that goes through three processing departments–Grinding, Mixing, and Cooking. All raw materials are introduced at the start of work in the Grinding Department. The Work in Process T-account for the Grinding Department for May is given below: Work in Process-Grinding Department Inventory, May 1 112,950 Completed and transferred to the Mixing Department Materials 559,880 Conversion 350, 170 Inventory, May 31 ? The May 1 work in process inventory consisted of 45,000 pounds with...
Weston Products manufactures an industrial cleaning compound that goes through three processing departments-Grinding, Mixing, and Cooking. All raw materials are introduced at the start of work in the Grinding Department. The Work in Process T-account for the Grinding Department for May is given below: Work in Process-Grinding Department Inventory, May 1 121,830 | Completed and transferred to the Mixing Department Materials 505,550 Conversion 76,800 Inventory, May 31 The May 1 work in process inventory consisted of 93,000 pounds with $114,390...
Weston Products manufactures an industrial cleaning compound that goes through three processing departments-Grinding, Mixing, and Cooking. All raw materials are introduced at the start of work in the Grinding Department. The Work in Process T-account for the Grinding Department for May is given below. Work in Process Grinding Department Inventosy, May 1 491,780 Completed and transferred to the Mixing Department Materials 859,040 Conversion 535.175 Inventory, May 31 The May 1 work in process Inventory consisted of 134,000 pounds with $300,160...
Weston Products manufactures an industrial cleaning compound that goes through three processing departments-Grinding, Mixing, and Cooking. All raw materials are introduced at the start of work in the Grinding Department. The Work in Process T-account for the Grinding Department for May is given below: Hork in Process-Grinding Department Inventory, May 1 112,950 Completed and transferred to the Mixing Department Materials 559,880 350.170 Conversion Inventory, May 31 The May 1 work in process inventory consisted of 45,000 pounds with $66,600 in...
Weston Products manufactures an industrial cleaning compound that goes through three processing departments—Grinding, Mixing, and Cooking. All raw materials are introduced at the start of work in the Grinding Department. The Work in Process T-account for the Grinding Department for May is given below: Work in Process—Grinding Department Inventory, May 1 171,360 Completed and transferred to the Mixing Department ? Materials 405,020 Conversion 175,260 Inventory, May 31 ? The May 1 work in process inventory consisted of 102,000 pounds with...