UNITS Beginning Work-in-Process Inventory 75 rolls Transferred in from Spinning Department during July 590 rolls Completed during July 550 rolls Ending Work-in-Process (80% complete for conversion work) 115 rolls COSTS Beginning Work-in-Process Inventory (transferred in costs, $3,700; materials cost, $1,450; conversion costs, $4,950) 10,100 Transferred in from Spinning Department 21,570 Materials cost added during July Conversion costs added during July (manufacturing wages, $8,050; manufacturing overhead allocated, $45,422) 11,185 53,472

Cornerstones of Cost Management (Cornerstones Series)
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Chapter6: Process Costing
Section: Chapter Questions
Problem 16E: Heap Company manufactures a product that passes through two processes: Fabrication and Assembly. The...
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Question 7 Part 3. Was partially completed. Please fill in the blanks in the same format as the question

UNITS
Beginning Work-in-Process Inventory
75 rolls
Transferred in from Spinning Department during July
590 rolls
Completed during July
550 rolls
Ending Work-in-Process (80% complete for conversion work)
115 rolls
COSTS
Beginning Work-in-Process Inventory (transferred in costs, $3,700;
materials cost, $1,450; conversion costs, $4,950)
10,100
Transferred in from Spinning Department
21,570
Materials cost added during July
Conversion costs added during July (manufacturing wages,
$8,050; manufacturing overhead allocated, $45,422)
11,185
53,472
Transcribed Image Text:UNITS Beginning Work-in-Process Inventory 75 rolls Transferred in from Spinning Department during July 590 rolls Completed during July 550 rolls Ending Work-in-Process (80% complete for conversion work) 115 rolls COSTS Beginning Work-in-Process Inventory (transferred in costs, $3,700; materials cost, $1,450; conversion costs, $4,950) 10,100 Transferred in from Spinning Department 21,570 Materials cost added during July Conversion costs added during July (manufacturing wages, $8,050; manufacturing overhead allocated, $45,422) 11,185 53,472
Casey Carpet manufactures broadloom carpet in seven processes: spinning, dyeing, plying, spooling, tufting, latexing and shearing. In the Dyeing Department, direct materials (dye) are added at the beginning of the process. Conversion costs
are incurred evenly throughout the process. Information for July 2018 follows:
E (Click the icon to view the data.)
Read the requirements.
Transferred
Direct
Conversion
Total
COSTS
In
Materials
Costs
Costs
Costs to account for:
:
Beginning work-in-process
$
3,700 $
1,450 $
4,950 $
10,100
Costs added during the period
21,570
11,185
53,472
86,227
Total costs to account for
$
25,270 $
12,635 $
58,422 $
96.327
665
665
642
Divided by: Total EUP
$
38.00 $
19.00 $
91.00
Cost per equivalent unit
Costs accounted for:
Beginning work-in-process
3700
1450
4950
10100
Costs added during the period
21570
11185
53472
86227
$
25,270 $
12,635 $
58,422 $
96,327
Total costs accounted for
Transcribed Image Text:Casey Carpet manufactures broadloom carpet in seven processes: spinning, dyeing, plying, spooling, tufting, latexing and shearing. In the Dyeing Department, direct materials (dye) are added at the beginning of the process. Conversion costs are incurred evenly throughout the process. Information for July 2018 follows: E (Click the icon to view the data.) Read the requirements. Transferred Direct Conversion Total COSTS In Materials Costs Costs Costs to account for: : Beginning work-in-process $ 3,700 $ 1,450 $ 4,950 $ 10,100 Costs added during the period 21,570 11,185 53,472 86,227 Total costs to account for $ 25,270 $ 12,635 $ 58,422 $ 96.327 665 665 642 Divided by: Total EUP $ 38.00 $ 19.00 $ 91.00 Cost per equivalent unit Costs accounted for: Beginning work-in-process 3700 1450 4950 10100 Costs added during the period 21570 11185 53472 86227 $ 25,270 $ 12,635 $ 58,422 $ 96,327 Total costs accounted for
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