A Week 3 Assignment A VitalSource Bookshelf: Manageri x b My Questions | bartleby C Sign In or Sign Up| Chegg.com x A online.vitalsource.com/#/books/9781259995484/cfi/6/28!/4/2/58/2/4/2@0:0 Problems Econnect A < Chapter 4 Process C... PROBLEM 4-13 Comprehensive Problem; Second Production Department-Weighted-Average Method LO4–2, LO4–3, LO4–4, LO4-5 Old Country Links, Ic., produces sausages in three production departments-Mixing, Casing and Curing, and Packaging. In the Mixing Department, meats are prepared and ground and then mixed with spices. The spiced meat mixture is then transferred to the Casing and Curing Department, where the mixture is force- fed into casings and then hung and cured in climate-controlled smoking chambers. In the Packaging Department, the cured sausages are sorted, packed, and labeled. The company uses the weighted-average method in its process costing system. Data for September for the Casing and Curing Department follow: Go to Chapter 4 Process Costing O Searchlossary Questions Percent Completed 169 Units Mixing Materials Conversion 170 Applying Excel Work in process inventory, September 1 Work in process inventory, September 30 1 100% 90% 80% 171 The Foundational 15 1 100% 80% 70% 172 Exercises Mixing Materials Conversion Work in process inventory, September 1 $1,670 $90 $605 176 Problems Cost added during September $81,460 $6,006 $42,490 180 Cases Mixing cost represents the costs of the spiced meat mixture transferred in from the Mixing Department. The spiced meat mixture is processed in the Casing and Curing Department in batches; each unit in the above table is a batch and one batch of spiced meat mixture produces a set amount of sausages that are passed on to the Packaging Department. During September, 50 batches (i.e., units) were completed and transferred to the Packaging Department. 181 Appendix 4A: FIFO Method Required: 1. Determine the Casing and Curing Department's equivalent units of production for mixing, materials, and conversion for the month of September. Do not round off your computations. 2. Compute the Casing and Curing Department's cost per equivalent unit for mixing, materials, and conversion for the month of September. Appendix 4A: Exercises, Problems, and Case 186 3 ! ở o & ¤ f

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2. Compute the Casing and Curing Department’s cost per equivalent unit for mixing, materials, and conversion for the month of September

A Week 3 Assignment
1 VitalSource Bookshelf: Manageria X
b My Questions | bartleby
C Sign In or Sign Up | Chegg.com x
A online.vitalsource.com/#/books/9781259995484/cfi/6/28!/4/2/58/2/4/2@0:0
Problems
EConnect
A < Chapter 4 Process C...
PROBLEM 4–13 Comprehensive Problem; Second Production Department-Weighted-Average Method LO4–2, LO4-3, LO4–4, LO4-5
Old Country Links, Inc., produces sausages in three production departments-Mixing, Casing and Curing, and Packaging. In the Mixing Department, meats are
prepared and ground and then mixed with spices. The spiced meat mixture is then transferred to the Casing and Curing Department, where the mixture is force-
fed into casings and then hung and cured in climate-controlled smoking chambers. In the Packaging Department, the cured sausages are sorted, packed, and
labeled. The company uses the weighted-average method in its process costing system. Data for September for the Casing and Curing Department follow:
Go to Chapter 4 Process Costing
Search lossary
Questions
Percent Completed
169
Units Mixing Materials Conversion
170
Applying Excel
Work in process inventory, September 1
Work in process inventory, September 30
1
100%
90%
80%
171
The Foundational 15
1
100%
80%
70%
172
Exercises
Mixing
Materials
Conversion
Work in process inventory, September 1
$1,670
$90
$605
176
Problems
Cost added during September.
$81,460
$6,006
$42,490
180
Cases
Mixing cost represents the costs of the spiced meat mixture transferred in from the Mixing Department. The spiced meat mixture is processed in the Casing and
Curing Department in batches; each unit in the above table is a batch and one batch of spiced meat mixture produces a set amount of sausages that are passed on
to the Packaging Department. During September, 50 batches (i.e., units) were completed and transferred to the Packaging Department.
181
Appendix 4A: FIFO Method
Required:
1. Determine the Casing and Curing Department's equivalent units of production for mixing, materials, and conversion for the month of
September. Do not round off your computations.
2. Compute the Casing and Curing Department's cost per equivalent unit for mixing, materials, and conversion for the month of September.
3. Compute the Casing and Curing Department's cost of ending work in process inventory for mixing, materials, conversion, and in total for
September.
4. Compute the Casing and Curing Department's cost of units transferred out to the Packaging Department for mixing, materials, conversion, and
in total for September.
5. Prepare a cost reconciliation report for the Casing and Curing Department for September
Appendix 4A: Exercises,
Problems, and Case
186
Appendix 4B: Service
189
Department Cost Allocations
Appendix 4B: Exercises,
Problems, and Case
192
---- 17
6:46 PM
P Type here to search
10/10/2020
近
!
Transcribed Image Text:A Week 3 Assignment 1 VitalSource Bookshelf: Manageria X b My Questions | bartleby C Sign In or Sign Up | Chegg.com x A online.vitalsource.com/#/books/9781259995484/cfi/6/28!/4/2/58/2/4/2@0:0 Problems EConnect A < Chapter 4 Process C... PROBLEM 4–13 Comprehensive Problem; Second Production Department-Weighted-Average Method LO4–2, LO4-3, LO4–4, LO4-5 Old Country Links, Inc., produces sausages in three production departments-Mixing, Casing and Curing, and Packaging. In the Mixing Department, meats are prepared and ground and then mixed with spices. The spiced meat mixture is then transferred to the Casing and Curing Department, where the mixture is force- fed into casings and then hung and cured in climate-controlled smoking chambers. In the Packaging Department, the cured sausages are sorted, packed, and labeled. The company uses the weighted-average method in its process costing system. Data for September for the Casing and Curing Department follow: Go to Chapter 4 Process Costing Search lossary Questions Percent Completed 169 Units Mixing Materials Conversion 170 Applying Excel Work in process inventory, September 1 Work in process inventory, September 30 1 100% 90% 80% 171 The Foundational 15 1 100% 80% 70% 172 Exercises Mixing Materials Conversion Work in process inventory, September 1 $1,670 $90 $605 176 Problems Cost added during September. $81,460 $6,006 $42,490 180 Cases Mixing cost represents the costs of the spiced meat mixture transferred in from the Mixing Department. The spiced meat mixture is processed in the Casing and Curing Department in batches; each unit in the above table is a batch and one batch of spiced meat mixture produces a set amount of sausages that are passed on to the Packaging Department. During September, 50 batches (i.e., units) were completed and transferred to the Packaging Department. 181 Appendix 4A: FIFO Method Required: 1. Determine the Casing and Curing Department's equivalent units of production for mixing, materials, and conversion for the month of September. Do not round off your computations. 2. Compute the Casing and Curing Department's cost per equivalent unit for mixing, materials, and conversion for the month of September. 3. Compute the Casing and Curing Department's cost of ending work in process inventory for mixing, materials, conversion, and in total for September. 4. Compute the Casing and Curing Department's cost of units transferred out to the Packaging Department for mixing, materials, conversion, and in total for September. 5. Prepare a cost reconciliation report for the Casing and Curing Department for September Appendix 4A: Exercises, Problems, and Case 186 Appendix 4B: Service 189 Department Cost Allocations Appendix 4B: Exercises, Problems, and Case 192 ---- 17 6:46 PM P Type here to search 10/10/2020 近 !
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