Calculate Equivalent Units, Unit Costs, and Transferred Costs-Weighted Average Method Kipling Manufacturing, Inc., operates a plant that produces its own regionally-marketed Super Salad Dressing. The dressing is produced in two proce Work in Process-Blending Department January 1 inventory (4,000 gallons, 75 finished) Direct material. Conversion costs Transferred to Bottling Department (70,000 gallons) $46,800 13,200 January charges: Direct material (71,000 gallons) Direct labor Manufacturing overhead 852,000 246,000 279,000 January 31 inventory (? gallons, 60 processed] Required Calculate the following amounts for the Blending Department: a. Number of units in the January 31 inventory. b. Equivalent units for materials cost and conversion costs. c. January cost per equivalent unit for materials and conversion costs. Question 18 Answer saved Marked out of 35.00 flag question In the Blending Department, all materials are added at the beginning of the process, and labor and overhead are incurred evenly throughout the process. Kipling uses the v rhead are incurred evenly throughout the process. Kipling uses the weighted average method. The Work in Process-Blending Department account for January 2016 follows INDER Kipling Manufacturing, Inc. Blending Department Flow of Units and Equivalent Units Calculation, January 2016 Equivalent Units % Work Direct done Materials % Work Done Conversion Costs Complete/Transferred 71,000 100 % 71,000 100% 71,000 Ending Inventory a. 3,000 100% 3,000 60% 1,800 Total 74,000 b. 7,400 72,800 b. Product Cost Report Direct Conversion Beginning Inventory Current Total Costs to Account For +Total Equivalent Units Average cost/Equivalent unit (round four decimal places) Materials Costs $ 0 $ 0. $ 0 0 0 0 $ 0 $ 0 $ 0 0 0 $ 0 c. $ 0 c Complete/Transferred: Direct Materials Conversion costs Cost of Goods Manufactured S 0 0 $ 0 d. Ending Inventory: Direct Materials $ 0 Conversion costs 0 Cost of Ending Inventory $ 0 e. Total Costs Allocated $ 0