Answered: Complete the production report for the…

Name: Super Sports Drinks, Inc. has two departments: Mixing and Bottling. Di
Uploaded: 2024-03-20T06:33:06.000Z
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Description: Super Sports Drinks, Inc. has two departments: Mixing and Bottling. Direct materials are added at the beginning of the mixing process and at the end of the bottling process. Conversions costs are added evenly throughout each process. Data for the mon

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Super Sports Drinks, Inc. has two departments: Mixing and Bottling. Direct materials are added at the beginning of the mixing process and at the end of the bottling process. Conversions costs are added evenly throughout each process. Data for the month of May for the Mixing Department are as follows:

Units	Amount
Beginning Work-in-Process Inventory	0 units
Started in production	8,150 units
Completed and transferred out to Bottling	4,200 units
Ending Work-in-Process Inventory 60% through mixing process	3,950 units

Costs	Amount
Beginning Work-in-Process Inventory	$0.00
Costs added during May:
Direct Materials	$8,581
Direct Labor	$2,153
Manufacturing overhead allocated	$4,470
Total costs added during May	$15,204

Complete the production report for the month of May.

(Round your answers to two decimal places when needed and use rounded answers for all future calculations).

Super Sports Drinks, Inc.

	Equivalent Units
UNITS	Whole Units	Transferred In	Direct Material	Conversion Costs
Units to account for:
Beginning work-in-process
Started in production
Total units to account for
Units accounted for:
Completed and transferred out		n/a
Ending work-in-process		n/a
Total units accounted for		n/a

Super Sports Drinks, Inc.

COSTS	Transferred In	Direct Materials	Conversion Costs	Total Costs
Costs to account for:
Beginning work-in-process
Costs added during period
Total costs to account for
Divided by: Total EUP
Cost per equivalent unit
Costs accounted for:
Completed and transferred out
Ending work-in-process
Total costs accounted for

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