Sunspot Beverages, Ltd. of Fiji makes blended tropical fruit drinks in two stages. Fruit juices are extracted from fresh fruits and then blended in the blending department. The blended juices are then bottled and packed for shipping in the bottling department. The following information pertains to the operations of the blending department for June. (The Percentage Completed Mork in process, beginning Started into production Completed and transferred out Mork in process, ending Units Materials Conversion 19,e00 175, 000 154, 000 40, 000 100 75% 100 25% Work in process, beginning Cost added during June Materials FJ$ 26, 000 303,800 Conversion FJ$ 25,300 187,900 Required:
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- Sherwin Pogi produces a drink extract that passes through three processes: mixing, blending and bottling. During the 3rd quarter of the year, the blending department received 20,000 gallons of liquid from the Cooking Department with costs of Php 192,000. Upon receiving the liquid, the Blending Department adds sugar and stirs the mixture for twenty minutes. The product is then passed on to the Bottling Department. There were 4,000 gallons in process at the beginning of the quarter, 75% converted with the following costs: Prior Dept. costs, Php 38,000; Powder, Php 5,360; conversion costs, Php 12,000. Costs added by the Blending Department during the quarter were: Powder, Php 28,0003; Conversion costs, Php 60,788. There were 3,500 gallons in ending inventory, 20% converted. Using FIFO Method, the conversion cost per EUP is: O a Php 4.74 Php 234 Php 9,20 d. Php 14.34Anderson Winery in Napa Valley, California, has two departments: Fermenting and packing.Direct materials are added at the beginning of the fermenting process (grapes) and at the endof the packaging process (bottles). Conversion costs are added evenly throughout each process.Data from the month of March for the Fermenting Department are as follows: Beginning Work in Process Inventory -0- gallonsStarted production 8,000 gallonsCompleted and transferred out to Packing in March 6,550 gallonsEnding Work in Process Inventory 1,450 gallons Costs:Beginning Work in Process Inventory $0 Costs added during March:Direct materials $104,000Direct labour $ 24,000Manufacturing overhead $ 45,390Total costs added during March $173,390The units still in process are 80% of the way through the fermenting process.Required:i) Compute the equivalent units for direct materials and for conversion costsii) Compute the total cost of the units (gallons)a) Completed and transferred out to the Packing Department.b)…Anderson Winery in Napa Valley, California, has two departments: Fermenting and packing. Direct materials are added at the beginning of the fermenting process (grapes) and at the end of the packaging process (bottles). Conversion costs are added evenly throughout each process.Data from the month of March for the Fermenting Department are as follows: Beginning Work in Process Inventory -0- gallonsStarted production 8,000 gallonsCompleted and transferred out to Packing in March 6,550 gallonsEnding Work in Process Inventory 1,450 gallons Costs: Beginning Work in Process Inventory $0Costs added during March:Direct materials $104,000Direct labour $ 24,000Manufacturing overhead…
- Washington State Fisheries, Incorporated, processes salmon for various distributors. Two departments, processing and packaging, are involved. Data relating to tons of salmon sent to the processing department during May follow: Tons of salmon Direct materials Conversion WIP inventory beginning 2,240 80% 70% Started during month 2,380 50% 30% WIP inventory ending 9,250 Calculate the number of equivalent units for both direct materials and conversion for the month of May, assuming that the company uses the weighted-average method. How would your answer change if the percentage of completion in ending inventory were as follows: direct materials 30%, conversion 40%?Washington State Fisheries, Incorporated, processes salmon for various distributors. Two departments, processing and packaging, are involved. Data relating to tons of salmon sent to the processing department during May follow: Work-in-process inventory, May 1 Work-in-Process inventory, May 31 Started processing during May Required 1 Required: 1. Calculate the number of tons completed and transferred out during the month. 2. Calculate the number of equivalent units for both direct materials and conversion for the month of May, assuming that the company uses the weighted-average method. 3. How would your answer in requirement 2 change if the percentage of completion in ending inventory were as follows: direct materials 30%, conversion 40%? Complete this question by entering your answers in the tabs below. Required 2 Direct materials Conversion Tons of Salmon 1,900 2,040 10, 300 Required 3 Percent Completed Direct Materials 80% 50% Equivalent Units Conversion 70% 30% How would your answer…Fluffy manufactures chocolate syrup in three departments: Cooking, Mixing,and Bottling. Fluffy uses the weighted average method. The following are cost andproduction data for the cooking department for August (Note: Assume that units aremeasured in gallons):Production:Units in process, August 1, 60% complete 20,000Units completed and transferred out 50,000Units in process, August 30, 20% complete 10,000Costs:WIP, August 1 RM 93,600Costs added during August RM 314,600Required:Prepare a production report for the cooking department.
- Sunspot Beverages, Ltd., of FiJi uses the weighted-average method in Its process costing system. It makes blended tropical fruit drinks in two stages. Fruit julces are extracted from fresh fruits and then blended in the Blending Department. The blended Juices are then bottled and packed for shipping In the Bottling Department. The following Information pertalns to the operations of the Blending Department for June. Percent Completed Materials Conversion Work in process, beginning Started into production Completed and transferred out Work in process, ending Units 104,000 494,500 484,500 114,000 70% 40% 75% 25% Materials Conversion Work in process, beginning Cost added during June $ 44,300 $ 16,300 $ 474,400 $ 347,930 Requlred: 1. Calculate the Blending Department's equivalent units of production for materials and conversion in June. 2. Calculate the Blending Department's cost per equlvalent unit for materlals and conversion in June. 3. Calculate the Blending Department's cost of ending…Anderson Winery in Napa Valley, California, has two departments: Fermenting and packing. Direct materials are added at the beginning of the fermenting process (grapes) and at the end of the packaging process (bottles). Conversion costs are added evenly throughout each process. Data from the month of March for the Fermenting Department are as follows: Beginning Work in Process Inventory Started production Completed and transferred out to Packing in March Ending Work in Process Inventory -0- gallons 8,000 gallons 6,550 gallons 1,450 gallons Costs: $0 Beginning Work in Process Inventory Costs added during March: Direct materials $104,000 $ 24,000 $ 45.390 Direct labour Manufacturing overhead Total costs added during March $173,390 The units still in process are 80% of the way through the fermenting process. - 1 -Munkoyo Ltd, a company based in Kasama, manufactures a variety of sweet beer which passes through a number of processes. One of Munkoyo’s products, the morning fresh, passes through processes 1,2 and 4 before being transferred to finished goods warehouse. For process 4, the following data is available for the month of November 2023: Work in progress, November 1, 2023: 3,000 litres, costing K38,800 Degree of completion: Direct materials added 60% Direct labour and overheads 40% Transferred from process 2; 24,000 units at K4.60 per litre Transferred to finished goods; 23,250 litres Incurred: Direct materials added K54,360 Direct labour K36,480 Production overheads K72,960 Work in progress, 30 November, 2013; 2,000 litres complete as: Direct material added 50% Direct labour and production overhead 30% Normal loss in process is 6% of units in opening work in progress plus transfers from process 2…
- Beverage Drink Company processes direct materials up to the splitoff point where two products, A and B, are obtained. The following information was collected for the month of July: Direct materials processed: 2,500 liters (with 20% shrinkage) Production: A 1,500 liters B 500 liters Sales: A $15.00 per liter B $10.00 per liter The cost of purchasing 2,500 liters of direct materials and processing it up to the splitoff point to yield a total of 2,000 liters of good products was $4,500. There were no inventory balances of A and B. Product A may be processed further to yield 1,375 liters of Product Z5 for an additional processing cost of $150. Product Z5 is sold for $25.00 per liter. There was no beginning inventory and ending inventory was 125 liters. Product B may be processed…A-Winery produces bottled wines for the hospitality industry in a four-stage process -Pumping, Filtration, Filling and Capping. After leaving the Capping Department, the bottled wines are packaged and sent to the Finished Goods warehouse for shipment to customers. The following data relates to the Filling Department for the month of June during which 4,000 bottled wines valued at $2,200,000 were transferred from the Filtration Department to the Filling Department. Other production costs incurred during the month are summarized as follows: Direct Materials Added Direct Manufacturing Wages Manufacturing Overhead $342,000 $851,200 $410,400 Process inspection occurs during the process and normally no losses are expected at this stage. However, during the month 10% of the bottled wines transferred into the Filling Department were rejected at inspection. Rejected units from this department are sold as scrap at $750 per bottle. These units had reached the following degree of completion:…Cola Drink Company processes direct materials up to the splitoff point where two products, A and B, are obtained. The following information was collected for the month of July: Direct materials processed: 2,500 liters (with 20% shrinkage) Production: A 1,500 liters B 500 liters $15.00 per liter $10.00 per liter Sales: A В The cost of purchasing 2,500 liters of direct materials and processing it up to the splitoff point to yield a total of 2,000 liters of good products was $4,500. There were no inventory balances of A and B. Product A may be processed further to yield 1,375 liters of Product Z5 for an additional processing cost of $150. Product Z5 is sold for $25.00 per liter. There was no beginning inventory and ending inventory was 125 liters. Product B may be processed further to yield 375 liters of Product W3 for an additional processing cost of $275. Product W3 is sold for $30.00 per liter. There was no beginning inventory and ending inventory was 25 liters. 5. When using sales…