B McGraw-Hill Connect Launch- Question 3-QUIZ - CH 05 Exer x ezto.mheducation.com our Texas Benefits... G Google Sy simplify 28(x)=8700... myLoneStar Login 05 Exercises & Problems (Algo) i Problem 5-13 (Algo) Comprehensive Problem; Second Production Department-Weighted-Average Method [LO5-2, LO5-3, LO5-4, LO5-5] Old Country Links, Incorporated, produces sausages In three production departments-Mixing, Casing and Curing, and Packaging. In the Mixing Department, meats are prepared and ground and then mlxed with splces. 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 welghted- average method In Its process costing system. Data for September for the Casing and Curing Department follow: Percent Completed Mixing Units Materials Conversion Work in process inventory, September 1 Work in process inventory, September 30 Materials $ 328 $ 26,595 Mixing Conversion $ 912 Work in process inventory, September 1 Cost added during September $15,424 $ 201,776 MIxing cost represents the costs of the spiced meat mlxture 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, 112 batches (1.e., units) were completed and transferred to the Packaging Department. Requlred: 1. Determine the Casing and Curing Department's equivalent units of production for mixing, materlals, and converslon for the month of September. 2. Compute the Casing and Curing Department's cost per equlvalent unit for mixing, materlals, and conversion for the month of September. 3. Compute the Casing and Curing Department's cost of ending work In process Inventory for mixing, materlals, converslon, and in total for September. 4. Compute the Casing and Curing Department's cost of units transferred out to the Packaging Department for mixing, materlals, conversion, and in total for September. 5. Prepare a cost reconcilation report for the Casing and Curing Department for September. < Prey 3 of 4 Next > %24 8. 6. 4. 5. 3. R. K. G.
B McGraw-Hill Connect Launch- Question 3-QUIZ - CH 05 Exer x ezto.mheducation.com our Texas Benefits... G Google Sy simplify 28(x)=8700... myLoneStar Login 05 Exercises & Problems (Algo) i Problem 5-13 (Algo) Comprehensive Problem; Second Production Department-Weighted-Average Method [LO5-2, LO5-3, LO5-4, LO5-5] Old Country Links, Incorporated, produces sausages In three production departments-Mixing, Casing and Curing, and Packaging. In the Mixing Department, meats are prepared and ground and then mlxed with splces. 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 welghted- average method In Its process costing system. Data for September for the Casing and Curing Department follow: Percent Completed Mixing Units Materials Conversion Work in process inventory, September 1 Work in process inventory, September 30 Materials $ 328 $ 26,595 Mixing Conversion $ 912 Work in process inventory, September 1 Cost added during September $15,424 $ 201,776 MIxing cost represents the costs of the spiced meat mlxture 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, 112 batches (1.e., units) were completed and transferred to the Packaging Department. Requlred: 1. Determine the Casing and Curing Department's equivalent units of production for mixing, materlals, and converslon for the month of September. 2. Compute the Casing and Curing Department's cost per equlvalent unit for mixing, materlals, and conversion for the month of September. 3. Compute the Casing and Curing Department's cost of ending work In process Inventory for mixing, materlals, converslon, and in total for September. 4. Compute the Casing and Curing Department's cost of units transferred out to the Packaging Department for mixing, materlals, conversion, and in total for September. 5. Prepare a cost reconcilation report for the Casing and Curing Department for September. < Prey 3 of 4 Next > %24 8. 6. 4. 5. 3. R. K. G.
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