Managerial Accounting (4th Edition)
Managerial Accounting (4th Edition)
4th Edition
ISBN: 9780133428377
Author: Karen W. Braun, Wendy M. Tietz
Publisher: PEARSON
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Chapter 5, Problem 5.27AE

1.

To determine

Time Line for the process in B Department in the Company.

2.

To determine

Summarization of flow of physical units.

To compute: Total equivalent units for direct materials and for conversion costs.

3.

To determine

Total costs to account for the process in Blending Department.

To find: The cost per equivalent unit for direct materials and conversion costs in Blending Department.

4.

To determine

Total costs to units (gallons):

a. To units completed and transferred out to the P Department

b. In ending work in process inventory in the B Department

5.

To determine

Average cost per gallon transferred out of Blending Department to Packaging Department.

To conclude: Possible logic behind manager’s interest in knowing transfer cost of product from Blending Department to Packaging Department.

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Managerial Accounting (4th Edition)

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