Calculate Equivalent Units, Unit Costs, and Transferred CostsWeighted Average Method Chelsea Manufacturing, Inc., operates a plant that produces its own regionallyemarketed Super Salad Dressing' The dressing is produced in two processes, blending and bottling Work in Process-Blending Department January 1 inventory (4,000 gallons, 75% nished] Direct material $31,200 Conversion costs 8,800 Transferred to Bottling Department (70,000 gallons) January charges: Direct material (71,000 gallons) 568,800 Direct labor 164,000 Manufacturing overhead 184,900 January 31 inventory [ ?gallons, 60% processed] Required Calculate the following amounts for the Blending Department: at Number ofunits in theJanuary 31 inventoryt b' Equivalent units for materials cost and conversion costs. c.January cost per equivalent unit for materials and conversion costs. d. Cost of the units transferred to the Bottling Department. e' Cost of the incomplete units in the January 3i inventory. Round average cost per equivalent unit to two decimal places. Use rounded answers for subsequent calculations Round other answers to the nearest whole number. Chelsea Manufacturing, Inc. Blending Department Flow of Units and Equivalent Units Calculation, January 2019 Equivalent Units % Work Direct % Work Conversion done Materials Done Costs Complete/Transferred 70000 100 % 0 x 100 % 0 x Ending Inventory a. 100 % 0 x 60 % v 0 x Total 74,000 x b. 0 x 0 x b. Product Cost Report Direct Conversion Materials Costs Beginning Inventory $ 40000 ~ $ 31200 $ 8800 Current 917700 568800 0 x Total Costs to Account For $ 957700 ~ $ 600000 $ 0 x + Total Equivalent Units 0 x 0 x Average cost / Equivalent unit (round 2 decimal places) $ O X C $ O X C. Complete / Transferred: Direct Materials $ 0 x Conversion costs O X Cost of Goods Manufactured $ 0 x d. Ending Inventory: Direct Materials $ 0 x Conversion costs 0 x Cost of Ending Inventory $ 0 x e. Total Costs Allocated $ 0 x Type here to search O M