at the end of August are 40% complete and materials are added at the the process. 3. Units in process at the beginning o 4. Units in process at the beginning of August are 70% complete; units in process at the end of August are 60% complete; materials are added at the halfway point. beginning WIP or cost E18-19 Computing EUP, assigning cost, no transferred in Crafty Paint prepares and packages paint products. Crafty Paint has two Blending and Packaging. Direct materials are added at the beginning of the blending process (dyes) and at the end of the packaging process (cans). Conversion costs are added evenly throughout each process. Data from the month of May for the Blending Department are as follows: departments: Gallons O gallons Beginning Work-in-Process Inventory 9,000 gallons Started in production 4,000 gallons Completed and transferred out to Packaging in May 5,000 gallons Ending Work-in-Process Inventory (30% of the way through the blending process) Costs $ 0 Beginning Work-in-Process Inventory Costs added during May: 6,750 Direct materials 1,300 Direct labor 2,000 Manufacturing overhead $ 10,050 Total costs added during May Requirements 1. Compute the Blending Department's equivalent units of production for direct materials and for conversion costs. 2. Compute the total costs of the units (gallons) a. completed and transferred out to the Packaging Department. b. in the Blending Department ending Work-in-Process Inventory.
at the end of August are 40% complete and materials are added at the the process. 3. Units in process at the beginning o 4. Units in process at the beginning of August are 70% complete; units in process at the end of August are 60% complete; materials are added at the halfway point. beginning WIP or cost E18-19 Computing EUP, assigning cost, no transferred in Crafty Paint prepares and packages paint products. Crafty Paint has two Blending and Packaging. Direct materials are added at the beginning of the blending process (dyes) and at the end of the packaging process (cans). Conversion costs are added evenly throughout each process. Data from the month of May for the Blending Department are as follows: departments: Gallons O gallons Beginning Work-in-Process Inventory 9,000 gallons Started in production 4,000 gallons Completed and transferred out to Packaging in May 5,000 gallons Ending Work-in-Process Inventory (30% of the way through the blending process) Costs $ 0 Beginning Work-in-Process Inventory Costs added during May: 6,750 Direct materials 1,300 Direct labor 2,000 Manufacturing overhead $ 10,050 Total costs added during May Requirements 1. Compute the Blending Department's equivalent units of production for direct materials and for conversion costs. 2. Compute the total costs of the units (gallons) a. completed and transferred out to the Packaging Department. b. in the Blending Department ending Work-in-Process Inventory.
Chapter5: Process Costing
Section: Chapter Questions
Problem 10PA: Production information shows these costs and units for the smoothing department in August. All...
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How do I compute the unit production for direct materials and conversion costs? Also, how do I compute the total costs of units (gallons)?
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