Selected production and cost data of Laura's Caliper Co. follow for May 2018: E (Click the icon to view the production and cost data.) On May 31, the Mixing Department ending Work-in-Process Inventory was 80% complete for materials and 45% complete for conversion costs. The Heating Department ending Work-in-Process Inventory was 60% complete for materials and 35% complete for conversion costs. The company uses the weighted-average method. Read the requirements. Requirement 1. Compute the equivalent units of production for direct materials and for conversion costs for the Mixing Department. Complete the partial production cost report below for the Mixing Department, showing the equivalent units of production for direct materials and for conversion costs. Laura's Caliper Co. O Data Table Production Cost Report - Mixing Department (Partial) Month Ended May 31 Equivalent Units Mixing Department Heating Department Physical Direct Conversion Units to account for: UNITS Units Materials Costs Beginning work-in-process, April 30 25,000 10,000 Units accounted for: Started in May 90,000 Transferred in during May 90,000 115,000 100,000 Total units to account for Total units accounted for Units accounted for: Choose from any list or enter any number in the input fields and then click Check Answer. Completed and transferred out during May 90,000 82,000 Ending work-in-process, May 31 25,000 18,000 1 part 115.000 100.000 Check Answer
Selected production and cost data of Laura's Caliper Co. follow for May 2018: E (Click the icon to view the production and cost data.) On May 31, the Mixing Department ending Work-in-Process Inventory was 80% complete for materials and 45% complete for conversion costs. The Heating Department ending Work-in-Process Inventory was 60% complete for materials and 35% complete for conversion costs. The company uses the weighted-average method. Read the requirements. Requirement 1. Compute the equivalent units of production for direct materials and for conversion costs for the Mixing Department. Complete the partial production cost report below for the Mixing Department, showing the equivalent units of production for direct materials and for conversion costs. Laura's Caliper Co. O Data Table Production Cost Report - Mixing Department (Partial) Month Ended May 31 Equivalent Units Mixing Department Heating Department Physical Direct Conversion Units to account for: UNITS Units Materials Costs Beginning work-in-process, April 30 25,000 10,000 Units accounted for: Started in May 90,000 Transferred in during May 90,000 115,000 100,000 Total units to account for Total units accounted for Units accounted for: Choose from any list or enter any number in the input fields and then click Check Answer. Completed and transferred out during May 90,000 82,000 Ending work-in-process, May 31 25,000 18,000 1 part 115.000 100.000 Check Answer
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Chapter 20. Question 4. Please write out in same format so it's easy to input. Thank you!
Transcribed Image Text:Selected production and cost data of Laura's Caliper Co. follow for May 2018:
E (Click the icon to view the production and cost data.)
On May 31, the Mixing Department ending Work-in-Process Inventory was 80% complete for materials and 45% complete for conversion costs. The Heating Department ending Work-in-Process Inventory was 60% complete for materials and
35% complete for conversion costs. The company uses the weighted-average method.
Read the requirements.
Requirement 1. Compute the equivalent units of production for direct materials and for conversion costs for the Mixing Department.
Complete the partial production cost report below for the Mixing Department, showing the equivalent units of production for direct materials and for conversion costs.
Laura's Caliper Co.
Data Table
Production Cost Report - Mixing Department (Partial)
Month Ended May 31
Equivalent Units
Mixing Department
Heating Department
Physical
Direct
Conversion
Units to account for:
UNITS
Units
Materials
Costs
Beginning work-in-process, April 30
25,000
10,000
Units accounted for:
Started in May
90,000
Transferred in during May
90,000
115,000
100,000
Total units to account for
Total units accounted for
Units accounted for:
Choose from any list or enter any number in the input fields and then click Check Answer.
Completed and transferred out during May
90,000
82,000
(?
Ending work-in-process, May 31
25,000
18,000
part
remaining
Check Answer
115,000
100,000
Total units accounted for
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