Question

#6 please just do the EUP that's red and states that mine is wrong

Return to question Tableau DA 3-3: Mini-Case, Weighted average: Completing a process cost summary LO C3 points Monsta Cola hires us to help assign and report costs. The company has two departments: mixing and bottling. To aid our analysis, the following Tableau Dashboard is provided with information for the mixing department. The company uses the weighted average method. Work in Process Inventory (In Units) Beginning inventory Units started this period Units completed and transferred Ending inventory 100,000 200,000 300,000 400,000 500,000 600,000 700,000 800,000 Work in Process Inventory Completion Percentages Beginning Ending 100% Screenshot

Answer 1

costs charged to production Costs of beginning work in progress costs incurred this period total costs to account for total costs accounted for *difference due to rounding cost/unit $532,500 $4,270,000 $4,802,500 $4,802,500 unit reconciliation units to account for beginning work in progress units started this period total units to account for total units accounted for completed and transferred out ending work in progress 190,000 640,000 830,000 630,000 200,000 total units accounted for 830,000

equivalent units of production (EUP)-weighted average method % materials EUP-materials % conversion EUP-conversion units units completed and transferred out units of ending work in progress equivalent units of production cost per EUP cost of beginning work in progress costs incurred this period total costs /equivalent units of production cost per equivalent unit of production 100% 100% 630,000 630,000 630,000 60% 40% 200,000 120,000 80,000 710,000 830,000 750,000 materials conversion $390,000 $2,460,000 $2,850,000 $ 750,000 $142,500 $1,810,000 $1,952,500 $710,000 $2.75 costs Costs EUP EUP $3.80 cost assignment and reconciliation costs transferred out direct materials total cost EUP cost per EUP $3.80 $2,394,000 $1,732,500 630,000 $2.75 conversion 630,000 total transferred out cost of ending work in progress direct materials $4,126,500 total cost EUP cost per EUP $3.80 $2.75 $456,000 120,000 $220,000 conversion 80,000 total ending work in progress total costs accounted for $676,000 $4,802,500

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