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9 ! t1 of 2 Required information Use the following information for the Quick Study below. (Algo) [The following information applies to the questions displayed below.] ts Skipped Zia Company makes flowerpots from recycled plastic in two departments, Molding and Packaging. Zia uses the weighted average method, and units completed in the Molding department are transferred to the Packaging department. Production unit information for the Molding department follows. Molding-Direct Materials Units Percent Complete Beginning work in process inventory Units started this period 3,900 27,500 70% Ending work in process inventory 3,000 80% eBook Print Production cost information for the Molding department for the same period follows. Beginning work in process inventory (direct materials) Direct materials added this period $ 3,100 30,780 ferences QS 16-18 (Algo) Weighted average: Computing equivalent units and cost per EUP (direct materials) LO P1 Compute the Molding department's (a) units completed and transferred out, (b) equivalent units of production for direct materials, and (c) cost per equivalent unit of production for direct materials. Complete this question by entering your answers in the tabs below. Req A Req B and C Compute the Molding department's (b) equivalent units of production for direct materials, and (c) cost per equivalent unit of production for direct materials. Note: Round "cost per equivalent unit of production" to 2 decimal places. (b) Equivalent units of production Direct Materials EUP (c) Cost per equivalent unit of production per EUP < Req A Req B and C

9 ! t1 of 2 Required information Use the following information for the Quick Study below. (Algo) [The following information applies to the questions displayed below.] ts Skipped Zia Company makes flowerpots from recycled plastic in two departments, Molding and Packaging. Zia uses the weighted average method, and units completed in the Molding department are transferred to the Packaging department. Production unit information for the Molding department follows. Molding-Direct Materials Units Percent Complete Beginning work in process inventory Units started this period 3,900 27,500 70% Ending work in process inventory 3,000 80% eBook Print Production cost information for the Molding department for the same period follows. Beginning work in process inventory (direct materials) Direct materials added this period $ 3,100 30,780 ferences QS 16-18 (Algo) Weighted average: Computing equivalent units and cost per EUP (direct materials) LO P1 Compute the Molding department's (a) units completed and transferred out, (b) equivalent units of production for direct materials, and (c) cost per equivalent unit of production for direct materials. Complete this question by entering your answers in the tabs below. Req A Req B and C Compute the Molding department's (b) equivalent units of production for direct materials, and (c) cost per equivalent unit of production for direct materials. Note: Round "cost per equivalent unit of production" to 2 decimal places. (b) Equivalent units of production Direct Materials EUP (c) Cost per equivalent unit of production per EUP < Req A Req B and C

Cornerstones of Cost Management (Cornerstones Series)
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 38P: Healthway uses a process-costing system to compute the unit costs of the minerals that it produces....
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9 ! t1 of 2 Required information Use the following information for the Quick Study below. (Algo) [The following information applies to the questions displayed below.] ts Skipped Zia Company makes flowerpots from recycled plastic in two departments, Molding and Packaging. Zia uses the weighted average method, and units completed in the Molding department are transferred to the Packaging department. Production unit information for the Molding department follows. Molding-Direct Materials Units Percent Complete Beginning work in process inventory Units started this period 3,900 27,500 70% Ending work in process inventory 3,000 80% eBook Print Production cost information for the Molding department for the same period follows. Beginning work in process inventory (direct materials) Direct materials added this period $ 3,100 30,780 ferences QS 16-18 (Algo) Weighted average: Computing equivalent units and cost per EUP (direct materials) LO P1 Compute the Molding department's (a) units completed and transferred out, (b) equivalent units of production for direct materials, and (c) cost per equivalent unit of production for direct materials. Complete this question by entering your answers in the tabs below. Req A Req B and C Compute the Molding department's (b) equivalent units of production for direct materials, and (c) cost per equivalent unit of production for direct materials. Note: Round "cost per equivalent unit of production" to 2 decimal places. (b) Equivalent units of production Direct Materials EUP (c) Cost per equivalent unit of production per EUP < Req A Req B and C
Transcribed Image Text:9 ! t1 of 2 Required information Use the following information for the Quick Study below. (Algo) [The following information applies to the questions displayed below.] ts Skipped Zia Company makes flowerpots from recycled plastic in two departments, Molding and Packaging. Zia uses the weighted average method, and units completed in the Molding department are transferred to the Packaging department. Production unit information for the Molding department follows. Molding-Direct Materials Units Percent Complete Beginning work in process inventory Units started this period 3,900 27,500 70% Ending work in process inventory 3,000 80% eBook Print Production cost information for the Molding department for the same period follows. Beginning work in process inventory (direct materials) Direct materials added this period $ 3,100 30,780 ferences QS 16-18 (Algo) Weighted average: Computing equivalent units and cost per EUP (direct materials) LO P1 Compute the Molding department's (a) units completed and transferred out, (b) equivalent units of production for direct materials, and (c) cost per equivalent unit of production for direct materials. Complete this question by entering your answers in the tabs below. Req A Req B and C Compute the Molding department's (b) equivalent units of production for direct materials, and (c) cost per equivalent unit of production for direct materials. Note: Round "cost per equivalent unit of production" to 2 decimal places. (b) Equivalent units of production Direct Materials EUP (c) Cost per equivalent unit of production per EUP < Req A Req B and C
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