Monsta Cola hires us to help assign and report costs. The company has two departments: mixing...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Monsta Cola hires us to help assign and report costs. The company has two departments: mixing and bottling. To aid our analysis, the following Tableau Dashboard is provided with information for the mixing department. The company uses the weighted average method. Work in Process Inventory (In Units) Beginning inventory 100% 80% 100,000 Units completed and transferred 200,000 Units started this period Units started this period: 640,000 units 300,000 400,000 500,000 600,000 Ending inventory 700,000 Work in Process Inventory Percent Complete Ending Beginning 800,000 Activate 100% 80% 60% 40% 20% 0% Work in Process Inventory Percent Complete Beginning Ending Materials Percent Complete, Beginning: 70% Direct Materials Conversion Direct Materials: Conversion 60% 40% 20% 0% Direct Materials Direct Materials Conversion Beginning Inventory Costs Conversion Percent Complete, Beginning: 30% Work in Process Inventory Costs Conversion Direct Materials Conversion Inventory Costs Added During Month Direct Materials Conversion Work in Process Inventory Costs Beginning Inventory Costs Direct Materials Conversion Inventory Costs Added During Month Direct Materials Direct Materials Costs, Added: $2,460,000 +ableau 1. Compute the number of units completed and transferred out. 2. Compute the total equivalent units of production for direct materials. 3. Compute the total equivalent units of production for conversion. Conversion Complete this question by entering your answers in the tabs below. → K & TO 1. Compute the number of units completed and transferred out. 2. Compute the total equivalent units of production for direct materials. 3. Compute the total equivalent units of production for conversion. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 ↓ Compute the number of units completed and transferred out. Number of units <Required 1 Required 2 > +ableau 1. Compute the number of units completed and transferred out. 2. Compute the total equivalent units of production for direct materials. 3. Compute the total equivalent units of production for conversion. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the total equivalent units of production for direct materials. EUP for direct materials-Weighted average method Total Units < Required 1 Direct Materials Percent Complete EUP Required 3 > of Don mework i education.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Flms.mheducation.com Inka WIR BU 3. Compute the total equivalent units of production for conversion. Required 1. Required 2 Required 3 Complete this question by entering your answers in the tabs below. Compute the total equivalent units of production for conversion. EUP for conversion-Weighted average method Completed and transferred out Ending work in process Total Units 630,000 200,000 830,000 Saved < Required 2 Prev Conversion Percent Complete 100% 40% Required 3 1 of 11. # EUP 630,000 80,000 710,000 Next Monsta Cola hires us to help assign and report costs. The company has two departments: mixing and bottling. To aid our analysis, the following Tableau Dashboard is provided with information for the mixing department. The company uses the weighted average method. Work in Process Inventory (In Units) Beginning inventory 100% 80% 100,000 Units completed and transferred 200,000 Units started this period Units started this period: 640,000 units 300,000 400,000 500,000 600,000 Ending inventory 700,000 Work in Process Inventory Percent Complete Ending Beginning 800,000 Activate 100% 80% 60% 40% 20% 0% Work in Process Inventory Percent Complete Beginning Ending Materials Percent Complete, Beginning: 70% Direct Materials Conversion Direct Materials: Conversion 60% 40% 20% 0% Direct Materials Direct Materials Conversion Beginning Inventory Costs Conversion Percent Complete, Beginning: 30% Work in Process Inventory Costs Conversion Direct Materials Conversion Inventory Costs Added During Month Direct Materials Conversion Work in Process Inventory Costs Beginning Inventory Costs Direct Materials Conversion Inventory Costs Added During Month Direct Materials Direct Materials Costs, Added: $2,460,000 +ableau 1. Compute the number of units completed and transferred out. 2. Compute the total equivalent units of production for direct materials. 3. Compute the total equivalent units of production for conversion. Conversion Complete this question by entering your answers in the tabs below. → K & TO 1. Compute the number of units completed and transferred out. 2. Compute the total equivalent units of production for direct materials. 3. Compute the total equivalent units of production for conversion. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 ↓ Compute the number of units completed and transferred out. Number of units <Required 1 Required 2 > +ableau 1. Compute the number of units completed and transferred out. 2. Compute the total equivalent units of production for direct materials. 3. Compute the total equivalent units of production for conversion. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the total equivalent units of production for direct materials. EUP for direct materials-Weighted average method Total Units < Required 1 Direct Materials Percent Complete EUP Required 3 > of Don mework i education.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Flms.mheducation.com Inka WIR BU 3. Compute the total equivalent units of production for conversion. Required 1. Required 2 Required 3 Complete this question by entering your answers in the tabs below. Compute the total equivalent units of production for conversion. EUP for conversion-Weighted average method Completed and transferred out Ending work in process Total Units 630,000 200,000 830,000 Saved < Required 2 Prev Conversion Percent Complete 100% 40% Required 3 1 of 11. # EUP 630,000 80,000 710,000 Next
Expert Answer:
Related Book For
Posted Date:
Students also viewed these accounting questions
-
7) Consider the difference quotient given by the expression A. Expand and simplify the expression. 2(-3+h)4-162 [T:3] h (-3th) 4 3. +41 10 8 h + 81 B. Identify the equation of y = f(x) based on the...
-
Monsta Coa nes us to reip assgn and report costs. The company has teo depatsents mang and botng Ta ad our anayss the loowng Taeau Dasnboard is provided winomation tor he inng depament The company...
-
What is the gravitational attraction between the Earth and Venus? ( mEarth = M = 6 . 0 x 1 0 2 4 kg , mVenus = m = 5 . 0 x 1 0 2 4 kg , r = 3 . 8 x 1 0 1 0 m , G = 6 . 6 7 x 1 0 - 1 1 N m 2 / kg 2
-
In an organization that has high employee satisfaction, ______. Multiple choice question. customer interactions are forced and scarce employee turnover is high more positive interactions take place...
-
The Gleason Company, a Canadian division of a large international company, has prepared estimated costs for next year that can be traced to each department as follows: Building and grounds...
-
Refer to the information in Exercise 18-13 to prepare an income statement for Delray Mfg. (a manufacturer). Assume that its cost of goods manufactured is $534,300. Data From Exercise 18-13 Use the...
-
Arleen ONeil practices law under the business title Arleen ONeil Attorney at Law, Inc. During November, her law practice engaged in the following transactions: ONeils business uses the following...
-
Kelley Company has completed Octobers sales and purchases journals (Shown below). a. Total and post the journals to T accounts for the general ledger and the accounts receivable and accounts payable...
-
Idenfity whether the following book - tax adjustments are permanent or temporary differences. ( a ) Federal Income Tax Expense ( b ) Depreciation Expense ( c ) Accrued Compensation ( d ) Dividends...
-
Solutions Plus is an industrial chemicals company that produces specialized cleaning fluids and solvents for a wide variety of applications. Solutions Plus just received an invitation to submit a bid...
-
Given the following matrix X; x = 2 2 3 4 5 6 4 6 8 10 12 a) Write a suitable MATLAB code to create a matrix Y only from the given matrix X above. Assume that X is already declared in the workspace....
-
Juan Fox' has started her own company, Foxy Jeans, which manufactures imprinted jeans. Since he just begun this operation, he rents the equipment from a local printing shop when necessary. The cost...
-
5. Given the recursive function definition: s(n) = 5 + n * s(n-1) + s(n-2) a. Evaluate: s(3) s(0) = 1 s(1) = 3
-
You are applying for a mortgage loan at 5 . 7 5 % over 3 0 years with monthly payments. The home you are considering is at a price of $ 2 2 9 , 0 0 0 . Lenders are offering 8 0 % loan to value...
-
Research project on Tesla is closely aligned with the Course Outcomes and Finance Program Objectives. Completion of this project can be used as part of a portfolio to show potential employers the...
-
WHERE IS AN MBA AT STRUTLEDGE? Strutledge is a small private liberal arts school located 50 miles from a major urban area in the southeastern United States. As with most higher education...
-
9. How many from the following do not exist. [NiCl ], [Ni(HO)]+, [Ni(CN)], [Ni(CO)]+, [NiF],, HgCl
-
Outline some of the major problems confronting an international advertiser.
-
Eckard plc is a large, all-equity financed, divisionalized textile company whose shares are listed on the London Stock Exchange. It has a current cost of capital of 15 per cent. The annual...
-
PQR Limited is an engineering company engaged in the manufacture of components and finished products. The company is highly mechanized and each of the components and finished products requires the...
-
York plc was formed three years ago by a group of research scientists to market a new medicine that they had invented. The technology involved in the medicine's manufacture is both complex and...
-
Use the Allstott 2020 income statement that follows and the balance sheet from exercise 10-6 to compute the following: a. Allstott's rate of inventory turnover and days inventory outstanding for 2020...
-
Use the financial statements of Allstott, Inc., in exercises 10-6 and 10-7. 1. Compute the company's debt ratio at December \(31,2020\). 2. Compute the company's times-interest-earned ratio for 2020....
-
Use the financial statements of Allstott, Inc., in cxercises 10-6 and 10-7 to compute the following profitability measures for 2020. Show each computation. a. Return on sales b. Asset turnover c....
Study smarter with the SolutionInn App