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 5.43BE

1.

To determine

Time line for the Fermenting Department.

2.

To determine

Summarized physical flow of units.

To compute: Total equivalent units.

3.

To determine

Summarize total cost to account for during the process.

To compute: Equivalent cost per unit for direct material costs and conversion costs.

4.

To determine

Total cost assigned to:

(a) Units completed and transferred out of Fermentation Department.

(b) Units in ending work in process inventory – Fermentation Department.

5.

To determine

Average cost per gallons transferred out of fermenting department to packaging department.

To conclude: Manager’s intentions behind knowing the average cost of the units transferred from Fermenting Department to Packaging Department and justify the same.

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Managerial Accounting (4th Edition)

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