Sherri Springs is a producer of flavored water. Below is the data for its production in April. Description Amount Subcategory,Work in process inventory, April 1, has 3,060 (units' equal cases): Direct Materials 12,140 Direct labor 6,010 Manufacturing overhead (1,440 machine-hours at $6 per machine-hours) 8,640Single line Single line26,790Double line Subcategory, Units started in April 9,080 Subcategory,Costs incurred in April: Direct Materials 37,000 Direct labor 54,340 Manufacturing overhead applied (13,610 machine-hours) 81,660 The ending inventory consisted of 4,430 units. These units were: 100% complete as to materials, 70% complete as to conversion. Complete a production report using the weighted average method. (Round your answers to two decimal places when needed and use rounded answers for all future calculations).
Sherri Springs is a producer of flavored water. Below is the data for its production in April. Description Amount Subcategory,Work in process inventory, April 1, has 3,060 (units' equal cases): Direct Materials 12,140 Direct labor 6,010 Manufacturing overhead (1,440 machine-hours at $6 per machine-hours) 8,640Single line Single line26,790Double line Subcategory, Units started in April 9,080 Subcategory,Costs incurred in April: Direct Materials 37,000 Direct labor 54,340 Manufacturing overhead applied (13,610 machine-hours) 81,660 The ending inventory consisted of 4,430 units. These units were: 100% complete as to materials, 70% complete as to conversion. Complete a production report using the weighted average method. (Round your answers to two decimal places when needed and use rounded answers for all future calculations).
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Sherri Springs is a producer of flavored water. Below is the data for its production in April.
| Description | Amount |
|---|---|
| Subcategory,Work in process inventory, April 1, has 3,060 (units' equal cases): | |
| Direct Materials | 12,140 |
| Direct labor | 6,010 |
| Manufacturing |
8,640Single line |
| Single line26,790Double line | |
| Subcategory, | |
| Units started in April | 9,080 |
| Subcategory,Costs incurred in April: | |
| Direct Materials | 37,000 |
| Direct labor | 54,340 |
| Manufacturing overhead applied (13,610 machine-hours) | 81,660 |
The ending inventory consisted of 4,430 units. These units were: 100% complete as to materials, 70% complete as to conversion.
Complete a production report using the weighted average method.
(Round your answers to two decimal places when needed and use rounded answers for all future calculations).
Transcribed Image Text:UNITS
Units to account for:
Beginning work-in-
process
Started in
production
Total units to
account for
Units accounted for:
Completed and
transferred out
Ending work-in-
process
Total units
accounted for
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
Transferred
In
Submit All Parts
Sherri Springs
Whole Units
Transferred
In
n/a
n/a
n/a
Sherri Springs
Direct
Materials
Equivalent Units
Direct
Material
Conversion
Costs
Conversion
Costs
Total Costs
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