Physical Units | Direct Materials | Conversion costs | |
Units to account for | |||
Beginning work in process | 400 | ||
Started in production | 4000 | ||
Total units to account for | 4400 | ||
Units accounted for: | |||
Completed and transferred out | 3800 | 3800 | 3800 |
Ending work in process | 600 | 120 | 120 |
Total units accounted for | 4400 | 3920 | 3920 |
Direct Materials | Conversion costs | Total costs | |
COSTS | |||
Costs to account for | |||
Beginning work in process | 450 | 520 | 970 |
Costs added during the period | 4522 | 7390 | 11912 |
Total costs to account for | 4972 | 7910 | 12882 |
Divided by: Total EUP | 3920 | 3920 | |
Cost per equivalent unit | 1.27 | 2.02 | |
Costs accounted for | |||
Completed and transferred out | 4820 | 7668 | 12488 |
Ending work in process | 152 | 242 | 394 |
Total costs accounted for | 4972 | 7910 | 12882 |
Date | Accounts | Debit | Credit |
Mar 31 | Work in process inventory - mixing | 12182 | |
Raw materials inventory | 4522 | ||
Wages payable | 4410 | ||
Manufacturing overhead | 3250 | ||
Mar 31 | Finished goods inventory | 12488 | |
Work in process inventory - mixing | 12488 |
Question Help Le Paper Co. produces the paper used by wallpaper manufacturers Les four stage process...
Johnson Paper Co. produces the paper used by wallpaper manufacturers. Johnson's four-stage process includes mixing, cooking, rolling, and cutting. (Click the icon to view additional information.) The Mixing Department compiled the following data for March: (Click the icon to view the data.) Read the requirements. Requirement 1. Prepare a production cost report for the Mixing Department for March. The company uses the weighted average method. (Round all cost per unit amounts to the nearest cent and all other amounts to...
llen's four-stage P5-30A Preparing a production cost report, no beginning WIP or costs transferred in; journal entries Allen Paper Co. produces the paper used by wallpaper manufacturers. Allen's fou process includes mixing, cooking, rolling, and cutting. During March, the Mixin Department started and completed mixing for 4,500 rolls of paper. The departme started but did not finish the mixing for an additional 500 rolls, which were 20% complete with respect to both direct materials and conversion work at the end...
On March 1, the Mixing Department had 100 rolls of paper in
process. During March, the Mixing Department completed the mixing
process for those 100 rolls and also started and completed the
mixing process for an additional 4,800 rolls of paper. The
department started but did not finish the mixing process for an
additional 500 rolls, which were 20% complete with respect to both
direct materials and conversion work at the end of March. Direct
materials and conversion costs are...
-------------HOMEWORK ASSIGNMENT ---------- Wallpaper of Texas manufacturers rolls of wallpaper and has processing departments: spinning, dyeing and cutting. Manufacturing begins in the spinning department and moves to the dyeing department where additional material from the raw material inventory is added along with conversion costs as the rolls dyed. All materials for the dyeing process are added at the beginning of work in the dyeing department. Conversion costs (manufacturing overhead and direct labor) are added evenly throughout the dyeing process. The...
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The Mixing Department combines the direct materials of paraffin wax and pigments. The heated mixture is pumped to the Molding Department, where it is poured into molds. After the molds cool, the crayons are removed from the molds and are transferred to the Packaging Department, where paper wrappers are added and the crayons are boxed. In the Mixing Department, the direct materials are added at the beginning of the process and the conversion costs are incurred...
Selected production and cost data of Laura's Caliper Co. follow for May 2018: (Click the icon to view the production and cost data) On May 31, the Mixing Department ending Work-in-Process Inventory was 80% complete for materials and 45% complete for conversion costs. The Heating Department ending Work-in-Process Inventory was 60% complete for materials and 35% complete for conversion costs. The company uses the weighted average method. Read the requirements. i Requirements Requirement 1. Compute the equivalent units of production...
Vultan Wax manufactures crayons in a three-step process: mixing, molding, and packaging. (Click the icon to view the additional information.) At March 31, before recording the transfer of costs from the Mixing Department to the Molding Department, the Vultan Wax general ledger included the following account: (Click the icon to view the account.) Read the requirements. Requirement 1. Prepare a production cost report for the Mixing Department for March. Round equivalent unit of production costs to four decimal places. Round...
The
mixing department of tasty foods at 60,000 units to account for in
October. Of the 60,000 units 20,000 units were completed and
transferred to the next apartment at 40,000 units were 50% complete
all of the materials are added at the beginning of the process
conversion costs are added evenly through the mixing process in the
company uses the weighted average method. Compute the total
equivalent units of production for direct materials and conversion
cost
The Mixing Department of...
Jeffrey's Frozen Pizzas uses FIFO process costing. Selected production and cost data follow for April 2018 Click the icon to view the production and cost data.) Read the requirements Requirement 1a. On March 31, the Prepping Department beginning Work-in-Process Inventory was 30% complete for materials and 75% complete for conversion costs. This means that for the beginning inventory 70% of the materials and 25% of the conversion costs were added during April Requirement 1b. On April 30, the Prepping Department...
n's Color Co.follow for May 2018: nd cost data.) Work-in-Process Inventory was 75% complete for materials and 25% complete for conversion costs. The Heating Department ending Work-in-Process ir mpany uses the weight 0 Data Table Mixing Department Heating Department nits of production for dir below for the Mixing De Color Co. -Mixing Department nded May 31 3,000 Units to account for: Beginning work-in-process, April 30 Started in May Transferred in during May 30,000 70,000 80,000 83,000 100,000 Physical Units Dire...