The Blending Department for Westiana Paints started October with 1,200 gallons in process and started in production 9,700 gallons. During the month, 7,200 gallons were completed and transferred to the next department. Ending work-in-process was 3,700 gallons (100% comple with respect to direct materials and 30% complete for conversion costs). The department uses the weighted-average method. The Blending Department incurred the following costs: (Click the icon to view the costs.) 7. Prepare a production cost report for the Blending Department for the month of October. (Enter cost per equivalent units to the nearest cent. Abbreviations: EUP = Equivalent Units of Production.) UNITS Units to account for Total units to account for Units accounted for: Total units accounted for COSTS Costs to account for: Total costs to account for Cost per equivalent unit Costs accounted for Total costs accounted for Westiana Paints Production Cost Report - Blending Department Month Ended October 31 Physical Units Equialent Units Direct Conversion Materials Costs Direct Conversion Materials Costs . Total Costs CEED Data table Beginning WIP-Direct material costs Beginning WIP-Conversion costs Direct materials added during the month Conversion costs added during the month Total Print Done $ $ - X 165 1,617 5,830 4,200 11,812
The Blending Department for Westiana Paints started October with 1,200 gallons in process and started in production 9,700 gallons. During the month, 7,200 gallons were completed and transferred to the next department. Ending work-in-process was 3,700 gallons (100% comple with respect to direct materials and 30% complete for conversion costs). The department uses the weighted-average method. The Blending Department incurred the following costs: (Click the icon to view the costs.) 7. Prepare a production cost report for the Blending Department for the month of October. (Enter cost per equivalent units to the nearest cent. Abbreviations: EUP = Equivalent Units of Production.) UNITS Units to account for Total units to account for Units accounted for: Total units accounted for COSTS Costs to account for: Total costs to account for Cost per equivalent unit Costs accounted for Total costs accounted for Westiana Paints Production Cost Report - Blending Department Month Ended October 31 Physical Units Equialent Units Direct Conversion Materials Costs Direct Conversion Materials Costs . Total Costs CEED Data table Beginning WIP-Direct material costs Beginning WIP-Conversion costs Direct materials added during the month Conversion costs added during the month Total Print Done $ $ - X 165 1,617 5,830 4,200 11,812
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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