Question

I need requirements 2 and 3- put in steps how you got the answer

Requirement 2. Compute the total costs of the units (gallons) (a) completed and transferred out to the Packaging Department, and (b) in the Blending Department ending Work-in-Process Inventory. Complete the Production Cost Report that you began in Requirement 1 by calculating the costs per equivalent unit in this step, and then by calculating the the total cost of units completed and transferred out and of units in ending inventory in the following step. (Complete all answer boxes. Enter a "0" for any zero balances. Round the cost per equivalent unit amounts to the nearest cent and all other amounts to the nearest dollar. Abbreviation used: EUP = equivalent units of production.) Paint My World Production Cost Report - Blending Department (Partial) Month Ended May 31 Direct Conversion Total COSTS Materials Costs Costs Costs to account for: Beginning work-in-process Costs added during the period 5700 9789 Total costs to account for 57001 9789 Divided by: Total EUP 9500 0.60 Cost per equivalent unit 0 Choose from any list or enter any number in the input fields and then click Check Answer

Answer 1

Production cost report

	Direct materials	Conversion costs	Total costs
Costs to account for
Beginning Work-in-process	$0	$0	$0
Costs added during the period	$5,700	$4,089	$9,789
Total costs to account for	$5,700	$4,089	$9,789
÷ Equivalent units of production	9,500	7,050
Cost per equivalent unit	$0.60	$0.58

Cost of units completed and transferred out:

Materials =6,000×$0.60=$3,600

Conversion =6,000×$0.58 =$3,480

Total cost of units completed and transferred out =$7,080

Cost of ending Work-in-process Inventory :

Materials =3,500×$0.6 =$2,100

Conversion =1,050×$0.58 =$609

Total cost of ending WIP Inventory =$2,709