Question: I have already started it a little bit, but I was not able to finish it. If somebody can help please. Also, I would like

 I have already started it a little bit, but I was

not able to finish it. If somebody can help please. Also, I

would like explanation with it too, not just the answer, please andI have already started it a little bit, but I was not able to finish it. If somebody can help please. Also, I would like explanation with it too, not just the answer, please and thank you!

Eire Products is a specialty lubricants company. The Lake Plant produces a single product in three departments: Filtering, Blending, and Packaging. Additional materials are added in the Blending Process when units are 50 to 55 percent complete with respect to conversion. Information for operations in June in the Blending process appear as follows. 11 points Work in process on June 1 consisted of 12,000 barrels with the following costs. eBook Amount Degree of Completion 100% $ 11,440 Print Filtering costs transferred in Costs added in Blending Direct materials Conversion costs 0% 30% References $ 20,810 $ 20,810 $ 32,250 Work in process June 1 During June, 131,000 barrels were transferred in from Filtering at a cost of $388,960. The following costs were added in Blending in June. Direct materials Conversion costs Total costs added $ 657,800 1,026,470 $1,684,270 Blending finished 130,000 barrels in June and transferred them to Packaging. At the end of June, there were 13,000 barrels in work in process inventory. The units were 60 percent complete with respect to conversion costs. The Blending Department uses the weighted average method of process costing. The Filtering Department at Eire uses the FIFO method of process costing. The cost analyst in Blending has learned that if the Filtering Department at Eire had used the weighted average method, the amount of costs transferred in from Filtering would have been $14,840 in the beginning work in process and $167.660 for the amount transferred in this month. Required: Prepare a production cost report for June for the Blending Department. (Round "Cost per equivalent unit" to 2 decimal places.) 11 points EIRE PRODUCTS Blending Department Production Cost Report-Weighted-Average Prior Physical units Total Costs Department Materials Costs eBook Conversion Print References Flow of Production Units Units to be accounted for: Beginning WIP inventory Units started this period Total units to be accounted for 12.000 131,000 143,000 12,000 Units accounted for Units completed and transferred out: From beginning inventory Started and completed currently Total transferred out Units in ending WIP inventory Total units accounted for 118,000 130,000 13,000 143,000 0 0 0 Costs to be accounted for Costs in beginning WIP inventory Current period costs $ 32,250 2,073,230 388,960 657,800 1,026,470 6 $ 32,250 Costs to be accounted for Costs in beginning WIP inventory Current period costs Total costs to be accounted for 2,073.230 $ 2,105,480 $ 388,960 657,800 388,960 $ 657,800 $ 1,026,470 1,026,470 points eBook Cost per equivalent unit: Prior department costs Materials Conversion Print References $ 0 Costs accounted for: Costs assigned to units transferred out: Prior department costs Materials Conversion Total costs of units transferred out Costs assigned to ending WIP inventory: Prior department costs Materials Conversion Total ending WIP inventory Total costs accounted for $ $ 0 0 $ 0 $ 0 $ 0

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