Calculate Equivalent Units, Unit Costs, and Transferred Costs-Weighted Average Method Chelsea Manufacturing, Inc., operates a plant that produces its own regionally-marketed Super Salad Dressing. The dressing is produced in two processes, blending and bottling. In the Bler Work in Process-Blending Department January 1 inventory (4,000 gallons, 75% finished) $31,200 Direct material Conversion costs 8,800 Transferred to Bottling Department (70,000 gallons) January charges: 568,800 Direct material (71,000 gallons) Direct labor 164,000 Manufacturing overhead 184,900 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. d. Cost of the units transferred to the Bottling Department. e. Cost of the incomplete units in the January 31 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 Conversion % Work Direct % Work Materials done Done Costs Complete/Transferred 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 Materials done Done Costs Complete/Transferred Ending Inventory a. b. b. Total Product Cost Report Direct Conversion Materials Costs Beginning Inventory Current Total Costs to Account For + Total Equivalent Units Average cost / Equivalent unit (round 2 decimal places) c. $ C. Complete / Transferred: Direct Materials Conversion costs Cost of Goods Manufactured d. Ending Inventory: Direct Materials Conversion costs Cost of Ending Inventory e. Total Costs Allocated