beginning of each process, and conversion costs are added evenly throughout each process. The company uses the FIF method of process costing. October data for the Roasting department follow. Beginning work in process inventory Units started and completed Units completed and transferred out Ending work in process inventory Beginning work in process inventory Costs added this period Direct materials Conversion Total costs to account for Cost assignment-FIFO 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 $ 304,800 1,349,892 EUP Units 4,200 20,400 24,600 3,600 EUP EUP 3. Assign costs to the department's output-specifically, to the units transferred out and to the units that remain in work in proce period-end. (Round "Cost per EUP" to 2 decimal places.) Direct Materials Conversion Percent Complete 100% 100% $ $ 124,230 1,654,692 $ 1,778,922 Cost per EUP Cost per EUP 0.00 Percent Complete 30% Cost per EUP $ 0.00 $ 0.00 $ $ 70% Total cost Total cost Total cost 0 0 0

Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter6: Process Costing
Section: Chapter Questions
Problem 22E: Fordman Company has a product that passes through two processes: Grinding and Polishing. During...
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Dengo Company makes a trail mix in two departments: Roasting and Blending. Direct materials are added at the
beginning of each process, and conversion costs are added evenly throughout each process. The company uses the FIFO
method of process costing. October data for the Roasting department follow.
Beginning work in process inventory
Units started and completed
Units completed and transferred out
Ending work in process inventory
Beginning work in process inventory
Costs added this period
Direct materials.
Conversion
Total costs to account for
Cost assignment-FIFO
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
$ 304,800
1,349,892
EUP
Units
4,200
20,400
24,600
3,600
EUP
EUP
3. Assign costs to the department's output-specifically, to the units transferred out and to the units that remain in work in process
period-end. (Round "Cost per EUP" to 2 decimal places.)
Direct
Materials Conversion
Percent
Complete
100%
100%
$
$ 124,230
1,654,692
$ 1,778,922
Cost per EUP
Cost per EUP
0.00
Percent
Complete
30%
Cost per EUP
$
0.00
$
0.00
$
$
70%
Total cost
Total cost
Total cost
0
0
0
Transcribed Image Text:Dengo Company makes a trail mix in two departments: Roasting and Blending. Direct materials are added at the beginning of each process, and conversion costs are added evenly throughout each process. The company uses the FIFO method of process costing. October data for the Roasting department follow. Beginning work in process inventory Units started and completed Units completed and transferred out Ending work in process inventory Beginning work in process inventory Costs added this period Direct materials. Conversion Total costs to account for Cost assignment-FIFO 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 $ 304,800 1,349,892 EUP Units 4,200 20,400 24,600 3,600 EUP EUP 3. Assign costs to the department's output-specifically, to the units transferred out and to the units that remain in work in process period-end. (Round "Cost per EUP" to 2 decimal places.) Direct Materials Conversion Percent Complete 100% 100% $ $ 124,230 1,654,692 $ 1,778,922 Cost per EUP Cost per EUP 0.00 Percent Complete 30% Cost per EUP $ 0.00 $ 0.00 $ $ 70% Total cost Total cost Total cost 0 0 0
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