You need to show the Excel formulas. This is the most important thing!
Thank you
You need to show the Excel formulas. This is the most important thing! Thank you Salish...
Please show your work Thank you Cost of Production Report The debits to Work in Process—Roasting Department for Morning Brew Coffee Company for August, together with information concerning production, are as follows: Work in process, August 1, 1,200 pounds, 50% completed $5,880* *Direct materials (1,200 X $4.1) $4,920 Conversion (1,200 X 50% X $1.6) 960 $5,880 Coffee beans added during August, 38,000 pounds 153,900 Conversion costs during August 63,240 Work in process, August 31, 2,000 pounds, 30% completed ? Goods...
Question #11 has 2 parts. Thank you! Required information [The following information applies to the questions displayed below.) The following partially completed process cost summary describes the July production activities of the Molding department at Ashad Company. Its production output is sent to the next department. All direct materials are added to products when processing begins. Beginning work in process inventory is 20% complete with respect to conversion. Equivalent Units of Production Units transferred out Units of ending work in...
Badgersize Company has the following information for its Forming Department for the month of August:Work in Process Inventory, August 1: 20,000 unitsDirect materials: 100% complete $ 80,000Conversion: 20% complete 24,000Balance in work in process, August 1 $ 104,000Units started during August 50,000Units completed and transferred in August 60,000Work in process (70% complete), August 31 ?Costs charged to Work in Process in AugustDirect materials $ 150,000Conversion costs:Direct labor $ 120,000Overhead applied 132,000Total conversion $ 252,000Assume materials are added at the start...
Please show work on how you have obtained the calculations. Required information [The following information applies to the questions displayed below.] 0.58 points The following partially completed process cost summary describes the July production activities of the Molding department at Ashad Company. Its production output is sent to the next department. All direct materials are added to products when processing begins. Beginning work in process inventory is 20% complete with respect to conversion. eBook Hint Direct Conversion Print Equivalent Units...
Need answers in EXCEL Formula Format (ex: =SUM(B13,B14) for each yellow highlighted cell IMPORTANT Need answers in EXCEL Formula Format (ex: =SUM(B13,B14) for each yellow highlighted cell, thank you in advance. Hayword, Inc. uses weighted average costing and has two departments and has provided data related to its mixing department for the month of July. The Controller has asked you prepare a cost reconciliation report and provide the related computations. Use the information included in the Excel Simulation and the Excel functions...
Help please and thank you ! Required information Use the following information for the Exercises below. The following information applies to the questions displayed below.] During April, the production department of a process manufacturing system completed a number of units of a product and transferred them to finished goods. Of these transferred units, 60,000 were in process in the production department at the beginning of April and 240,000 were started and completed in April. April's beginning inventory units were 60%...
The Maring Department of Foods for You had 65,000 equivalent units of materials for October Of the 65,000 units, 45,000 units were completed and transferred to the next department, and 20.000 units were 55% complete Foods for You's costs per equivalent unit of production are $1.20 for direct materials and 50 80 for conversion costs All of the materials are added at the beginning of the process Conversion costs are added evenly throughout the process and the company uses the...
Can you please help me with the boxes highlighted in yellow Thank you! 1 Hayword, Inc. uses weighted average costing and has two departments - mixing and packaging. 2 The following information relates to work in the mixing department for the month of July: 3 300 60% 40% $10,500 $6,750 6,200 4 Work in process, July 1: 5 Units in process 6 Percent completed with respect to materials 7 Percent completed with respect to conversion 8 Cost in the beginning...
Chapter 4: Applying Excel Data Beginning work in process inventory: Units in process 200 Completion with respect to materials 100% Completion with respect to conversion 40% Costs in the beginning work in process inventory: Materials cost $2,000 Conversion cost $800 Units started into production during the period 1,800 Costs added to production during the period: Materials cost $18,400 Conversion cost $38,765 Ending work in process inventory: Units in process 100 Completion with respect to materials 100% Completion with respect to...
[The following information applies to the questions displayed below.] Tamar Co. manufactures a single product in two departments. All direct materials are added at the beginning of the Forming process. Conversion costs are added evenly throughout the process. During May, the Forming department started 29,250 units and transferred 30,700 units of product to the Assembly department. Its 4,700 units of beginning work in process consisted of $21,500 of direct materials and $298,440 of conversion costs. It has 3,250 units (100%...