Chapter 20 End-of-Chapter (EOC) Quiz Complete this project as a separate word or pdf file Submit as a Canvas Assignment at the course website Clearly Print Your Name and Assignment Name at the top of each page  

The Sedona Orchards Company produces a blended fruit drink concentrate consisting of a variety of in-season fruit. The blended concentrate is wholesaled, in bulk, to local restaurants and delis. Information related to Sedonas manufacturing activities for April follows.  

Direct Materials Direct Materials Used this Period $9,500  

Direct Labor Direct Labor Incurred this Period $2,800  

Factory Overhead Applied Overhead Applied this Period  

 @(200% of Direct Labor) $5,600  

Production Department Beginning Goods in Process Inventory(Units) $200  

Beginning Goods in Process(Costs) Direct Materials Used $1,000 Direct Labor Incurred $500 Overhead Applied(200% of Direct Labor) $1,000  

Units Started this Period $1,200 Units Completed & Transferred Out this Period $1,000 

Ending Goods in Process Inventory(Units) 400 Materials, % Completed 100% Labor & Overhead, % Completed 50%  

Required: 1. Prepare a physical flow reconciliation for May.

Units to Account For Beginning Goods in Process Inventory ______________ Units Started this Period _______________ Total Units to Account For _______________  

Units Accounted For Units Completed & Transferred Out ___________________ Ending Goods in Process Inventory ________________ Total Units Accounted For ___________________ 

2. Compute the Equivalent Units of Production (EUP) in May for Direct Materials, Direct Labor & Factory Overhead.

Equivalent Units of Production Dir Mtls Dir Lbr Factory OH Units Completed & Transferred Out ________ __________ _________  

Units in Ending Goods in Process Direct Materials ________ Direct Labor ___________ Factory Overhead __________  

Equivalent Units of Production __________ ___________ __________ 

3. Compute the costs per Equivalent Units of Production (EUP) in May for Direct Materials, Direct Labor & Factory Overhead.

Costs Per Equivalent Units of Production Dir Mtls Dir Lbr Factory OH  

Costs of Beginning Goods in Process _________ _________ ___________ Costs Incurred this Period __________ _________ ___________ Total Costs __________ _________ ___________  

Divide by EUP from Part 2 __________ _________ ___________ Equals Costs Per EUP __________ _________ ___________ 

4. Report of Costs Accounted For & Report of Costs to Account For Report of Costs Account For

Cost of Units Transferred Out(Cost of Goods Manufactured) Direct Materials Direct Labor Factory Overhead  

Cost of Units Completed this Period  

Cost Ending Goods in Process Inventory Direct Materials Direct Labor Factory Overhead  

Cost of Units Completed this Period Total Costs Account For  

Report of Costs to Account For  

Cost of Beginning Goods in Process Inventory Direct Materials Direct Labor Factory Overhead  

Cost Incurred this Period Direct Materials Direct Labor Factory Overhead  

Total Costs to Account For