Accounting Chapter 18 Homework Inventory in process, October 31

subject Type Homework Help
subject Pages 2
subject Words 532
subject Authors Carl S. Warren, James M. Reeve, Jonathan Duchac

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An asterisk (*) will appear to the right of an incorrect entry.
Enter a zero in cells you would otherwise leave blank.
UNITS
Whole Units
Direct Materials
Conversion
Units charged to production:
Inventory in process, October 1
Received from materials storeroom
Total units accounted for by the Blending Department
Units to be assigned cost:
Inventory in process, October 1 ( complete)
Started and completed in October
Transferred to Molding Department in October
Inventory in process, October 31 ( complete)
Total units to be assigned cost
COSTS
Direct Materials
Conversion Total
Costs per equivalent unit:
Total costs for October in Blending Department
Total equivalent units
Cost per equivalent unit
Costs assigned to production:
Inventory in process, October 1
Costs incurred in October
Total costs accounted for by the Blending Department
Costs allocated to completed and partially completed units:
Inventory in process, October 1
To complete inventory in process, October 1
Cost of completed October 1 work in process
Started and completed in October
Transferred to Molding Department in October
Inventory in process, October 31
Total costs assigned by the Blending Department
2.
October 1, work in process
Less direct materials
Conversion costs
Conversion cost equivalent units:
Units in process
Percent complete
Equivalent units
Direct Materials
Conversion
October costs per equivalent unit
September costs per equivalent unit:
Total costs for September in Blending Department
Total equivalent units
Cost per equivalent unit
Increase (decrease)
Equivalent Units
Costs
0%
[Key code here]
Answers are entered in the cells with gray backgrounds.
Score:
Key Code:
Instructions
Problem 18(3)-2B
Name:
Section:
Cells with non-gray backgrounds are protected and cannot be edited.
page-pf2
An asterisk (*) will appear to the right of an incorrect entry.
Enter a zero in cells you would otherwise leave blank.
UNITS
Whole Units
Direct Materials
Conversion
Units charged to production:
Inventory in process, October 1 2,300
Units to be assigned cost:
COSTS
Direct Materials
Conversion Total
Costs per equivalent unit:
Costs allocated to completed and partially completed units:
Inventory in process, October 1 46,368$
2.
October 1, work in process 46,368$
Equivalent Units
Costs
Problem 18(3)-2B
Name:
Solution
Section:
Score:
Instructions
Cells with non-gray backgrounds are protected and cannot be edited.
Answers are entered in the cells with gray backgrounds.
ON

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