Grammer Chicken produces canned chicken a la king. The chicken a la king passes through three departments: (1) Mixing, (2) Retort (sterilization), and (3) Packing. In the Mixing Department, chicken and cream are added at the beginning of the process, the mixture is partly cooked, and chopped green peppers and mushrooms are added at the end of the process. Conversion costs are incurred evenly throughout the mixing process.November data from the Mixing Department as follows:1Summarize the flow of physical units and compute the equivalent units. (Hint: Each direct material added at a different point in the production process requires its own equivalent-unit computation.) i.Check your spelling carefully and do not abbreviate. ii. Follow the format of the exhibit that shows the flow of physical units and output in terms of equivalent units. iii.Complete all input areas. Be sure to include any zero balances in the report.2Compute the cost per equivalent unit for each cost category. i.Check your spelling carefully and do not abbreviate. ii. Follow the format of the exhibits that show how to summarize total costs to account for and to compute the cost per equivalent unit. iii.Complete all input areas. Be sure to include any zero balances in the report.3Compute the total costs of the units (gallons): a.Completed and transferred out to the Retort Department b.In the Mixing Department's ending work in process inventory i.Check your spelling carefully and do not abbreviate. ii. Follow the format of the exhibit that assigns total costs to units completed and to units in ending work in process. iii.Complete all input areas. Be sure to include any zero balances in the report. Requirements1 Summarize the flow of physical units and compute the equivalent units. (Hint: Each direct material added at adifferent point in the production process requires its own equivalent-unit computation.)Check your spelling carefully and do not abbreviate.Follow the format of the exhibit that shows the flow of physical units and output in terms of equivalenti.ii.units.iii.2 Compute the cost per equivalent unit for each cost category.Complete all input areas. Be sure to include any zero balances in the report.i.Check your spelling carefully and do not abbreviate.ii.Follow the format of the exhibits that show how to summarize total costs to account for and to computethe cost per equivalent unit.Complete all input areas. Be sure to include any zero balances in the report.iii.3 Compute the total costs of the units (gallons):Completed and transferred out to the Retort DepartmentIn the Mixing Department's ending work in process inventoryCheck your spelling carefully and do not abbreviate.Follow the format of the exhibit that assigns total costs to units completed and to units in ending work inа.b.i.ii.process.iii.Complete all input areas. Be sure to include any zero balances in the report. GallonsCostsBeginning work in process inventory0 gallonsBeginning work in process inventory$0Started production14,300 gallonsCosts added during November:Chicken21,740Completed and transferred out to Retort inNovember13,600 gallonsCream4,000Ending work in process inventoryGreen peppers and mushrooms5,440(60% of the way through theDirect labor11,200mixing process)700 gallonsManufacturing overhead9,830Total costs$52,210

Name: Grammer Chicken produces canned chicken a la king. The chicken a la ki
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Description: Grammer Chicken produces canned chicken a la king. The chicken a la king passes through three departments: (1) Mixing, (2) Retort (sterilization), and (3) Packing. In the Mixing Department, chicken and cream are added at the beginning of the process,

Grammer Chicken produces canned chicken a la king. The chicken a la king passes through three departments: (1) Mixing, (2) Retort (sterilization), and (3) Packing. In the Mixing Department, chicken and cream are added at the beginning of the process, the mixture is partly cooked, and chopped green peppers and mushrooms are added at the end of the process. Conversion costs are incurred evenly throughout the mixing process. November data from the Mixing Department as follows: 1 Summarize the flow of physical units and compute the equivalent units. (Hint: Each direct material added at a different point in the production process requires its own equivalent-unit computation.) i. Check your spelling carefully and do not abbreviate. ii. Follow the format of the exhibit that shows the flow of physical units and output in terms of equivalent units. iii. Complete all input areas. Be sure to include any zero balances in the report. 2 Compute the cost per equivalent unit for each cost category. i. Check your spelling carefully and do not abbreviate. ii. Follow the format of the exhibits that show how to summarize total costs to account for and to compute the cost per equivalent unit. iii. Complete all input areas. Be sure to include any zero balances in the report. 3 Compute the total costs of the units (gallons): a. Completed and transferred out to the Retort Department b. In the Mixing Department's ending work in process inventory i. Check your spelling carefully and do not abbreviate. ii. Follow the format of the exhibit that assigns total costs to units completed and to units in ending work in process. iii. Complete all input areas. Be sure to include any zero balances in the report.

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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Grammer Chicken produces canned chicken a la king. The chicken a la king passes through three departments: (1) Mixing, (2) Retort (sterilization), and (3) Packing. In the Mixing Department, chicken and cream are added at the beginning of the process, the mixture is partly cooked, and chopped green peppers and mushrooms are added at the end of the process. Conversion costs are incurred evenly throughout the mixing process.

November data from the Mixing Department as follows:

1	Summarize the flow of physical units and compute the equivalent units. (Hint: Each direct material added at a different point in the production process requires its own equivalent-unit computation.)
	i.	Check your spelling carefully and do not abbreviate.
	ii.	Follow the format of the exhibit that shows the flow of physical units and output in terms of equivalent units.
	iii.	Complete all input areas. Be sure to include any zero balances in the report.
2	Compute the cost per equivalent unit for each cost category.
	i.	Check your spelling carefully and do not abbreviate.
	ii.	Follow the format of the exhibits that show how to summarize total costs to account for and to compute the cost per equivalent unit.
	iii.	Complete all input areas. Be sure to include any zero balances in the report.
3	Compute the total costs of the units (gallons):
	a.	Completed and transferred out to the Retort Department
	b.	In the Mixing Department's ending work in process inventory
	i.	Check your spelling carefully and do not abbreviate.
	ii.	Follow the format of the exhibit that assigns total costs to units completed and to units in ending work in process.
	iii.	Complete all input areas. Be sure to include any zero balances in the report.

Requirements
1 Summarize the flow of physical units and compute the equivalent units. (Hint: Each direct material added at a
different point in the production process requires its own equivalent-unit computation.)
Check your spelling carefully and do not abbreviate.
Follow the format of the exhibit that shows the flow of physical units and output in terms of equivalent
i.
ii.
units.
iii.
2 Compute the cost per equivalent unit for each cost category.
Complete all input areas. Be sure to include any zero balances in the report.
i.
Check your spelling carefully and do not abbreviate.
ii.
Follow the format of the exhibits that show how to summarize total costs to account for and to compute
the cost per equivalent unit.
Complete all input areas. Be sure to include any zero balances in the report.
iii.
3 Compute the total costs of the units (gallons):
Completed and transferred out to the Retort Department
In the Mixing Department's ending work in process inventory
Check your spelling carefully and do not abbreviate.
Follow the format of the exhibit that assigns total costs to units completed and to units in ending work in
а.
b.
i.
ii.
process.
iii.
Complete all input areas. Be sure to include any zero balances in the report.

Gallons
Costs
Beginning work in process inventory
0 gallons
Beginning work in process inventory
$0
Started production
14,300 gallons
Costs added during November:
Chicken
21,740
Completed and transferred out to Retort in
November
13,600 gallons
Cream
4,000
Ending work in process inventory
Green peppers and mushrooms
5,440
(60% of the way through the
Direct labor
11,200
mixing process)
700 gallons
Manufacturing overhead
9,830
Total costs
$52,210

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