Question: 2. Compute the cost per equivalent unit for each cost category. Grammer Chicken Mixing Department Cost per Equivalent Unit Month Ended November 30 Chicken and

 2. Compute the cost per equivalent unit for each cost category.Grammer Chicken Mixing Department Cost per Equivalent Unit Month Ended November 30Chicken and Cream Green Peppers and Mushrooms Conversion Costs Cost per Equivalent

2. Compute the cost per equivalent unit for each cost category. Grammer Chicken Mixing Department Cost per Equivalent Unit Month Ended November 30 Chicken and Cream Green Peppers and Mushrooms Conversion Costs Cost per Equivalent Unit Total Total costs to account for Cost per equivalent unit 3. Compute the total costs of the units (gallons): a. Completed and transferred out to the Retort Department b. In the Mixing Department's ending work in process inventory Grammer Chicken Mixing Department Assignment of Costs Chicken and Cream Green Peppers and Mushrooms Conversion Costs Assign costs Total Completed and transferred out Costs assigned to units completed and transferred out Ending work in process: Costs assigned to units in ending WIP Total costs accounted for Grammer Chicken produces canned chicken a la king. The chicken a la king passes through three departments: (1) Mixing, (2) Retort (sterilization), and (3) Packing. In the Mixing Department, chicken and cream are added at the beginning of the process, the mixture is partly cooked, and chopped green peppers and mushrooms are added at the end of the process. Conversion costs are incurred evenly throughout the mixing process. November data from the Mixing Department are as follows: Costs Gallons Beginning work in process inventory Started production $0 0 gallons 14,300 gallons Beginning work in process inventory Costs added during November: Chicken 21,740 13,600 gallons Completed and transferred out to Retort in November Ending work in process inventory (60% of the way through the mixing process) Cream Green peppers and mushrooms Direct labor Manufacturing overhead Total costs 4,000 5,440 11,200 9,830 $52,210 700 gallons Use the blue shaded areas on the ENTERANSWERS tab for inputs. Always use cell references and formulas where appropriate to receive full credit. If you copy/paste from the Instructions tab you will be marked wrong. 2 Compute the cost per equivalent unit for each cost category. i. Check your spelling carefully and do not abbreviate. ii. Follow the format of the exhibits that show how to summarize total costs to account for and to compute the cost per equivalent unit. iii. Complete all input areas. Be sure to include any zero balances in the report. 3 Compute the total costs of the units (gallons): Completed and transferred out to the Retort Department b. In the Mixing Department's ending work in process inventory i. Check your spelling carefully and do not abbreviate. Follow the format of the exhibit that assigns total costs to units completed and to units in ending work in ii. process. iii. Complete all input areas. Be sure to include any zero balances in the report. a

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!