Question

0 The Blending Department for CenCal Paints started October with 1,100 gallons in process and started in production 9.600 galom During the month. 7,100 gallons were completed and transferred to the next department Ending work-in-process was 3,600 gallons (100% complete with respect to direct materials and 20% complete for conversion of the department uses the weighted average method The Blending Department incurred the following costs (Click the icon to view the costs) 7. Prepare a production cost report for the Blending Department for the month of October (Enter cost per equivalent units to the nearest cent Abbreviations: EUP - Equivalent Units of Production)

Answer 1

Production Cost Report - Blending Department Month Ended October 31 Equivalent Units Physical Units Direct Materials Conversion Costs Units Units to account for: Beginning work in process Started in Production Total units to account for 1,100 9,600 10,700 Units account for: Completed and transferred out Ending work in process Total units accounted for 7,100 3,600 10,700 7,100 3,600 10,700 7.100 720 7.820 Production cost Report Direct Materials Conversion Costs Total Costs to account for Beginning work in process Cost added during period Total costs to accounted for Divided by Total equivalent units Cost per equivalent unit $680 $5,740 $6,420 10,700 $0.60 $1,765 $4,100 $5,865 7,820 $0.75 $2,445 $9,840 $12,285 Costs account for: Completed and transferred out Ending work in process Total Costs account for $4,260 $2,160 $6,420 $5,325 $540 $5,865 $9,585 $2,700 $12,285