= Homework: Chapter M:3 Homework Question 2, EM3-21 (simi... Part 3 of 3 HW Score: 1.18%, 1.18 of 100 points Points: 0 of 20 Paint My World prepares and packages paint products. Paint My World has two departments: Blending and Packaging. Direct materials are added at the beginning of the blending process (dyes) and at the 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: (Click the icon to view the data from May.) Read the requirements. re Requirement 1. Compute the Blending Department's equivalent units of production for direct materials and for conversion costs. (Complete all input fields. Enter a "O" for any zero balances.) Data Table Paint My World Production Cost Report - Blending Department (Partial) Month Ended May 31 Equivalent Units Physical Direct Conversion UNITS Units Materials Costs Units to account for: Beginning work-in-process 0 Started in production 9,000 9,000 Total units to account for Gallons Beginning Work-in-Process Inventory Started in production Completed and transferred out to Packaging in May Ending Work-in-Process Inventory (30% of the way through the blending process) Costs Beginning Work-in-Process Inventory Costs added during May: Direct materials 0 gallons 9,000 gallons 4,000 gallons 5,000 gallons $ 0 Units accounted for: Completed and transferred out 4,000 5,000 6,750 1,300 4,000 1,500 4,000 5,000 9,000 Ending work-in-process Direct labor Manufacturing overhead allocated 2,000 9,000 5,500 Total units accounted for Total costs added during May $ 10.050 Requirement 2. Compute the total costs of the units (gallons) (a) completed and transferred out to Help Me Solve This e Text Pages Get More Help Print Done E Homework: Chapter M:3 Homework Question 2, EM3-21 (sim... Part 3 of 3 HW Score: 1.18%, 1.18 of 100 points Points: 0 of 20 Save Paint My World prepares and packages paint products. Paint My World 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: (Click the icon to view the data from May.) Read the requirements. . Requirement 2. Compute the total costs of the units gallons) (a) completed and transferred out to the Packaging Departmen Complete the Production Cost Report that you began in Requirement 1 by calculating the costs per equivalent unit in this step following step, (Complete all input fields. Enter a "O" for any zero balances. Round the cost per equivalent unit amounts to the Data Table Inventory in the roduction) Gallons Beginning Work-in-Process Inventory Started in production Completed and transferred out to Packaging in May Ending Work-in-Process Inventory (30% of the way through the blending process) gallons 9.000 gallons 4.000 gallons 5,000 gallons Total Costs Costs 0 S 0 10.050 Paint My World Production Cost Report - Blending Department (Partial) Month Ended May 31 Direct Conversion COSTS Materials Costs Costs to account for: Beginning work-in-process $ o's D's $ Costs added during the period 6,750 3,300 Total costs to account for $ 6,750'S 3,300 $ Divided by: Total EUP 9,000 5,500 $ 0.75 S 0.60 Cost per equivalent unit Costs accounted for: Completed and transferred out 3 3,000's 2.400 1 Ending work-in-process 3,750 900 $ $ 6.750'S 3.300 $ Total costs accounted for 10.0509 Beginning Work-in-Process Inventory Costs added during May: Direct materials Direct labor Manufacturing overhead allocated 8,750 1,300 LELE 2,000 Total costs added during May S 10,050 3 5,400 4,650 10,050 Print Done Help Me Solve This e Text Pages e Get More Help