Required 1 : | ||
Materials | Conversion | |
Units completed and transferred out | 140300 | 140300 |
(+) Equivalent ending work in process [ Ending work in process units * % Completion ] | 8000 | 6000 |
Equivalent units of production | 148300 | 146300 |
Required 2 : | ||
Materials | Conversion | |
Beginning work in process cost | 1517 | 779 |
(+) Cost added during June | 56320 | 32870 |
Total cost | 57837 | 33649 |
(/) Equivalent units of production | 148300 | 146300 |
Cost per equivalent unit | 0.39 | 0.23 |
Required 3 : | |||
Materials | Conversion | Total | |
Cost of ending work in process inventory [ Equivalent ending work in process * Cost per equivalent unit ] | 3120 | 1380 | 4500 |
Required 4 : | |||
Materials | Conversion | Total | |
Cost of units completed and transferred out [ Units completed and transferred out * Cost per equivalent unit ] | 54717 | 32269 | 86986 |
Required 5 : | |
Blending Department | |
Cost Reconciliation | |
Cost to be accounted for : | |
Cost of beginning work in process inventory ( 1517 + 779 ) | 2296 |
Costs added to production during the period ( 56320 + 32870 ) | 89190 |
Total cost to be accounted for | 91486 |
Costs accounted for as follows : | |
Cost of ending work in process inventory | 4500 |
Cost of units completed and transferred out | 86986 |
Total cost accounted for | 91486 |
Exercise 4-11 Comprehensive Exercise; Second Production Department-Weighted-Average Method [LO4- 2, LO4-3, L04-4, L04-5) Scribners Corporation produces...
Exercise 4-11 (Static) Comprehensive Exercise; Second Production Department--Weighted-Average Method (L04-2, LO4-3, LO4-4, LO4-5) Scribners Corporation produces fine papers in three production departments -Pulping, Drying, and Finishing. In the Pulping Department, raw materials such as wood fiber and rag cotton are mechanically and chemically treated to separate their fibers. The result is a thick slurry of fibers. In the Drying Department, the wet fibers transferred from the Pulping Department are laid down on porous webs, pressed to remove excess liquid, and...
answer all parts plzzzzzz
Exercise 4-11 Comprehensive Exercise; Second Production Department-weighted Average Method [LO4-2, LO4-3, L04-4, LO4-5) Scribners Corporation produces fine papers in three production departments-Pulping, Drying, and Finishing. In the Pulping Department, raw materials such as wood fiber and rag cotton are mechanically and chemically treated to separate their fibers. The result is a thick slurry of fibers. In the Drying Department, the wet fibers transferred from the Pulping Department are laid down on porous webs, pressed to remove...
Ches 2 Exercise 4-11 Comprehensive Exercise; Second Production Department-weighted Average Method (L04- 2, L04-3, L04-4, LO4-5) 3.33 points Scribners Corporation produces fine papers in three production departments -Pulping, Drying, and Finishing. In the Pulping Department, raw materials such as wood fiber and rag cotton are mechanically and chemically treated to separate their fibers. The result is a thick slurry of fibers. In the Drying Department, the wet fibers transferred from the Pulping Department are laid down on porous webs, pressed...
Just need help with QUESTION 5
Exercise 4-11 Comprehensive Exercise; Second Production Department-Weighted-Average Method LO4-2, LO4-3, LO4-4, LO4-5 Scribners Corporation produces fine papers in three production departments-Pulping, Drying, and Finishing. In the Pulping Department, raw materials such as wood fiber and rag cotton are mechanically and chemically treated to separate their fibers. The result is a thick slurry of fibers. In the Drying Department, the wet fibers transferred from the Pulping Department are laid down on porous webs, pressed to...
Exercise 5-11 Comprehensive Exercise; Second Production Department-weighted Average Method (LO5-2, LO5-3, LO5-4, LO5-5) Scribners Corporation produces fine papers in three production departments-Pulping, Drying, and Finishing. In the Pulping Department, raw materials such as wood fiber and rag cotton are mechanically and chemically treated to separate their fibers. The result is a thick slurry of fibers. In the Drying Department, the wet fibers transferred from the Pulping Department are laid down on porous webs, pressed to remove excess liquid, and dried...
Scribners Corporation produces fine papers in three production departments-Pulping, Drying and Finishing. In the Pulping Department, raw materials such as wood fiber and rag cotton are mechanically and chemically treated to separate their fibers. The result is a thick slurry of fibers. In the Drying Department, the wet fibers transferred from the Pulping Department are laid down on porous webs, pressed to remove excess liquid, and dried in ovens. In the Finishing Department, the dried paper is coated, cut, and...
Scribners Corporation produces fine papers in three production departments-Pulping, Drying, and Finishing. In the Pulping Department, raw materials such as wood fiber and rag cotton are mechanically and chemically treated to separate their fibers. The result is a thick slurry of fibers. In the Drying Department, the wet fibers transferred from the Pulping Department are laid down on porous webs, pressed to remove excess liquid, and dried in ovens. In the Finishing Department, the dried paper is coated, cut, and...
Scribners Corporation produces fine papers in three production departments—Pulping, Drying, and Finishing. In the Pulping Department, raw materials such as wood fiber and rag cotton are mechanically and chemically treated to separate their fibers. The result is a thick slurry of fibers. In the Drying Department, the wet fibers transferred from the Pulping Department are laid down on porous webs, pressed to remove excess liquid, and dried in ovens. In the Finishing Department, the dried paper is coated, cut, and...
Scribners Corporation produces fine papers in three production departments—Pulping, Drying, and Finishing. In the Pulping Department, raw materials such as wood fiber and rag cotton are mechanically and chemically treated to separate their fibers. The result is a thick slurry of fibers. In the Drying Department, the wet fibers transferred from the Pulping Department are laid down on porous webs, pressed to remove excess liquid, and dried in ovens. In the Finishing Department, the dried paper is coated, cut, and...
Scribners Corporation produces fine papers in three production departments—Pulping, Drying, and Finishing. In the Pulping Department, raw materials such as wood fiber and rag cotton are mechanically and chemically treated to separate their fibers. The result is a thick slurry of fibers. In the Drying Department, the wet fibers transferred from the Pulping Department are laid down on porous webs, pressed to remove excess liquid, and dried in ovens. In the Finishing Department, the dried paper is coated, cut, and...