E3-23 (Algo) Complete a Production Report [LO 3-3]Brite Toothbrushes has gathered the following information to complete its Production Report for the month of April. Assume allmaterials are added at the beginning of the process.Required:Using the provided information, complete the report.Note: Round cost per Equivalent Units to 2 decimal places.UNITSUnits to be accounted for:BRITE TOOTHBRUSHESProcess Costing Production Report (Weighted Average Method)Assembly DepartmentFor the Month Ended April 30, Current YearPhysicalUnitsBeginning work in process 50% complete as to conversion11,500Started into production64,000Total units75,500Units accounted for:Completed and transferred outEnding work in process 30% complete as to conversionTotal units600TO63,000Equivalent UnitsDirectMaterialsConversionCostDirectConversionTotal

Part 2: Explanation:Step 1: Calculate equivalent units for direct materials and conversion costs:-…

Answered: E3-23 (Algo) Complete a Production…

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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! Required information [The following information applies to the questions displayed below.] Clopack Company manufactures one product that goes through one processing department called Mixing. All raw materials are introduced at the start of work in the Mixing Department. The company uses the weighted-average method of process costing. Its Work in Process T-account for the Mixing Department for June follows (all forthcoming questions pertain to June): Ju balance Materials Direct labor Overhead June 30 balance Debit 15-a. What is the total cost to be accounted for? 15-b. What is the total cost accounted for? a. Total cost to be accounted for b. Total cost accounted for Work in Process-Mixing Department Completed and tra fe 27,000 151, 100 95,500 113,000 ? Credit The June 1 work in process inventory consisted of 4,400 units with $14,100 in materials cost and $12,900 in conversion cost. The June 1 work in process inventory was 100% complete with respect to materials and 60% complete with…
•) Mccabe Corporation uses the weighted average Method in it's process Costing. The following data pertain to its Assembly Department for September. Work in process, September Units Started into production doring September Units Completed during September and transferred to the next department Work in process, September 30 Percentage Complete Units Material Conversion 800 55% 10.1. 8,200 7,300 1,700 25% 25.1. Compute the equivalent units of production for both materials and Conversion Cost for the Assembly Department for September Using the weighted average method.
! Required information [The following information applies to the questions displayed below.] Clopack Company manufactures one product that goes through one processing department called Mixing. All raw materials are introduced at the start of work in the Mixing Department. The company uses the weighted-average method of process costing. Its Work in Process T-account for the Mixing Department for June follows (all forthcoming questions pertain to June): June 1 balance Materials Direct labor Overhead June 30 balance Debit Work in Process-Mixing Department 27,000 151, 100 95,500 113,000 Equivalent units of production for materials 4. Compute the equivalent units of production for materials. ? The June 1 work in process inventory consisted of 4,400 units with $14,100 in materials cost and $12,900 in conversion cost. The June 1 work in process inventory was 100% complete with respect to materials and 60% complete with respect to conversion. During June, 36,900 units were started into…
Weighted Average Method, Single-Department AnalysisRefer to the information for Millie Company above.Required:Prepare a production report for the assembly department for June using the weighted averagemethod of costing. The report should disclose the physical flow of units, equivalent units, andunit costs and should track the disposition of manufacturing costs.
So I have to finish the Cost of production Report, as you can see I need help with the cost sections below on my report. See attached photo of my work in progress for this report
Dhapa
Please help me. Thankyou.
! Required information [The following information applies to the questions displayed below.] Clopack Company manufactures one product that goes through one processing department called Mixing. All raw materials are introduced at the start of work in the Mixing Department. The company uses the weighted-average method of process costing. Its Work in Process T-account for the Mixing Department for June follows (all forthcoming questions pertain to June): June 1 balance Materials Direct labor Overhead June 30 balance Debit Work in Process-Mixing Department Credit 27,000 Completed and transferred to Finished Goods 151, 100 95,500 113,000 ? The June 1 work in process inventory consisted of 4,400 units with $14,100 in materials cost and $12,900 in conversion cost. The June 1 work in process inventory was 100% complete with respect to materials and 60% complete with respect to conversion. During June, 36,900 units were started into production. The June 30 work in process inventory consisted of…
Required information Use the following information for the Quick Study below. (Algo) [The following information applies to the questions displayed below.] Carlberg Company has two manufacturing departments, Assembly and Painting. The Assembly department started 11,600 units during November. The following production activity in both units and costs refers to the Assembly department's November activities. Assembly Department Beginning work in process inventory Units started this period. Units completed and transferred out Ending work in process inventory Cost of beginning work in process. Direct materials Conversion Costs added this month Direct materials Conversion Units Cost per Equivalent Unit of Production 2,500 11,600 Total costs + Equivalent units of production Cost per equivalent unit of production 9,500 4,600 Percent Complete for Direct Materials. 60% $ 1,059 589 QS 16-11 (Algo) Weighted average: Cost per EUP LO P1 Direct Materials 19,056 17,187 85% Percent Complete for…
0 Required information [The following information applies to the questions displayed below.] Clopack Company manufactures one product that goes through one processing department called Mixing. All raw materials are introduced at the start of work in the Mixing Department. The company uses the weighted-average method of process costing. Its Work in Process T-account for the Mixing Department for June follows (all forthcoming questions pertain to June): June 1 balance: Materials, Direct labor Overhead June 30 balance: Debit Work in Process-Mixing Department 42,000 136,480 87,500 105,000 Credit Completed and transferred to Finished Goods The June 1 work in process inventory includes 5,800 units with $22,280 in materials cost and $19,720 in conversion cost. The June 1 work in process inventory was 100% complete with respect to materials and 60% complete with respect to conversion. During June, 38,300 units were started into production. The June 30 work in process inventory consisted of…

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