Question: Can you please answer but break it down step by step? Color Explosion prepares and packages paint products. Color Explosion has two departments: Blending and

Can you please answer but break it down step by step?

Color Explosion prepares and packages paint products. Color Explosion has two departments: Blending and Packaging. Direct materials are added at the beginning of the blending process (dyes) and at the end of the packaging process (cans). Conversion costs are added evenly throughout each process. The company uses the weighted-average method. Data from the month of May for the Blending Department are as follows:

Can you please answer but break it down step by step? Color

Explosion prepares and packages paint products. Color Explosion has two departments: Blending

and Packaging. Direct materials are added at the beginning of the blending

Requirement 2. Compute the total costs of the units (gallons) (a) completed and transferred out to the Packaging Department, and (b) in the BlendingDepartment ending Work-in-Process Inventory.

Complete the Production Cost Report that you began in Requirement 1 by calculating the costs per equivalent unit in this step, and then by calculating the the total cost of units completed and transferred out and of units in ending inventory in the following step. (Complete all input fields. Enter a "0" for any zero balances. Round the cost per equivalent unit amounts to the nearest cent and all other amounts to the nearest dollar. Abbreviation used: EUP = equivalent units of production.)

process (dyes) and at the end of the packaging process (cans). Conversion

Gallons Requirement 1. Compute the Blending Department's equivalent units of production for direct materials and for conversion costs. Color Explosion Production Cost Report - Blending Department (Partial) Month Ended May 31 \begin{tabular}{l} Color Explosion \\ Production Cost Report - Blending Department (Partial) \\ Month Ended May 31 \\ COSTS \\ Costs to account for: \\ \hline Beginning work-in-process \\ \hline Costs added during the period \\ Total costs to account for \\ \hline \\ Cost per equivalent unit \end{tabular}

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