UPVOTE WILL BE GIVEN! INPUT THE COMPLETE SOLUTIONS. YOU MAY USE EXCEL. BOX THE FINAL ANSWERS. c. Calculate for the total manufacturing cost per unit? d. How much is the total cost for Started and Completed?

How do I compute the unit production for direct materials and conversion costs? Also, how do I compute the total costs of units (gallons)? I inserted a pic of the exercise problem that I am currently stuck on.

See information attached in images below. Questions: REQUIRED Complete the valuation of completed and transferred out units. Round to two (2) decimal places.   R Opening WIP costs   Costs to complete opening WIP        - Materials        - Conversion   Costs of started and completed units   Normal loss allocation        - Materials        - Conversion   Total

Compute equivalent units of production for both direct materials and conversion. For the first two columns above "total units" the options are: beginnings work in process - units, completed and transferred out, ending work in process, total units accounted for, units started this period. for the rest of the empty spaces, you use numbers

The controller of the Blade Company wants you to estimate a cost function from the following two observations in a general ledger account called Maintenance: (Click to view the information.) Required 1. Estimate the cost function for maintenance. 2. Can the constant in the cost function be used as an estimate of fixed maintenance cost per month? Explain. Requirement 1. Estimate the cost function for maintenance. (Round your answers to the nearest cent as needed.) Maintenance costs = Maintenance costs = +( +( X X Requirement 2. Can the constant in the cost function be used as an estimate of fixed maintenance cost per month? Explain. the relevant range, not at cost levels the relevant range. If there are no months with zero The cost function in requirement 1 is an estimate of how costs behave machine-hours represented in the maintenance account, data in that account function provides the best available starting point for a straight line that approximates how a cost behaves be used to…

Using the FIFO (first-in, first-out) method, (1) prepare a production cost report for the Mixing department and (2) prepare a journal entry for Mixing to transfer its costs to the next department. Round all your answers to 2 decimal places if needed.

1. Calculate the whole units. 2. Calculate the equivalent units with respect to material and conversion costs. 3. Calculate the cost per equivalent unit for materials and for conversion. 4. Calculate the total amount that the accountant would credit out of work in process welding for the month. 5. Prepare the journal entry to show the costs moving from the work in process welding account into the work in process track account: 6. Calculate the ending balance in the work in process welding account.

The following information has been extracted from the cost accounting information system database for Victoria Furnitures Ltd. The company manufactures different types of furniture’s, including tables; The company manufactured 1,000 tables during the year 2020. Required: Using the information provided in the above table identify and explain how you classify each of the above costs according to the functional approach; Use the tables as the cost object in the classification of the costs.

a. Prepare a production report for the department using the Weighted Average methodand write the resulting journal entry to transfer theinventory to the next department. b. If the company had used the FIFO method, what would the cost per unit have been forMaterials and for Conversion?