Costs Work in process, October 1* Started during October 2020 Physical Units (Gallons of Paint) 16,000 44,000 Direct Materials $2,800,000 Completed during October 2020 51,000 Work in process, October 31 9,000 Total costs added during October 2020 x Degree of completion: direct materials, 100%; conversion costs, 60%. y Degree of completion: direct materials, 100%; conversion costs, 70%. $9,400,000 Conversion $ 901,400 $5,111,000

The Calgary Company is a food processing company based in Aberta. It operates under the weighted average method of process costing and has two departments: cleaning and cleaning department, conversion costs are added evenly during the process, and direct materials are added at the beginning of the process Spoiled units are detected upon insp and are disposed of at zero net disposal value. All completed work is transferred to the packaging department Summary data for May follow (Click the icon to Required For the deaning deg process Carry unit For each cost categ Enter the physical u Fl Work in process, be Started during cum To account for Completed and tran Normal spolage Abnormal spolage Work in process, ending Accounted for Data table The Calgary Company: Cleaning Dept. Work in process, beginning inventory (May 1) Degree of completion of beginning work in process Started during May Good units completed and transferred out during May Work in process, ending inventory (May 31) Degree…

QualCo manufactures a single product in two departments: Cutting and Assembly. Information for the Cutting department for May follows. Beginning work in process inventory Units started and completed Units completed and transferred out Ending work in process inventory Beginning work in process inventory Direct materials Conversion Costs added this period Direct materials Conversion Total costs to account for Equivalent units of production (EUP) Cost per equivalent unit of production + Equivalent units of production Cost per equivalent unit of production Cost assignment Beginning work in process To complete beginning work in process Direct materials Conversion Started and completed Direct materials Conversion Completed and transferred out Ending work in process Direct materials Conversion Total costs accounted for Units EUP Units 37,500 150,000 187,500 51, 250 Required: 1-3. Using the FIFO method, assign May's costs to the units transferred out and assign costs to its ending work in…

Muskoge Company uses a process-costing system. The company manufactures a product that isprocessed in two departments: Molding and Assembly. In the Molding Department, directmaterials are added at the beginning of the process; in the Assembly Department, additionaldirect materials are added at the end of the process. In both departments, conversion costs areincurred uniformly throughout the process. As work is completed, it is transferred out. Thefollowing table summarizes the production activity and costs for February: Molding AssemblyBeginning inventories: Physical units 10,000 8,000 Costs: Transferred in — $ 45,400 Direct materials $22,000 — Conversion costs $13,800 $ 16,700Current production: Units started 25,000 ? Units transferred out 30,000 35,000 Costs: Transferred in — ? Direct materials $ 56,250 $ 40,250 Conversion costs $103,500 $142,845 Percentage of completion: Beginning inventory 40% 55% Ending inventory 80 50Required:3. Using the FIFO method, prepare the following for…