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 5.39BE

1.

To determine

Time line for the work in  process for B Department.

2.

To determine

Summarization of physical flow of units.

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

3.

To determine

Summarization of total cost to account for the process.

To find: Cost per equivalent units for direct materials and conversion costs.

4.

To determine

Total assigned costs to units (gallons):

a. Completed and transferred out to Packaging Department.

b. In Blending Department in ending work in process inventory.

5.

To determine

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

To conclude: Manager’s intention behind knowing the average cost of such transfer.

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Managerial Accounting (4th Edition)

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