Question: I need help with these problems . I don't get this work. Sunspot Beverages, Ltd., of Fiji makes blended tropical fruit drinks in two stages.

I need help with these problems . I don't get this work.

I need help with these problems . I don't get this work.

Sunspot Beverages, Ltd., of Fiji makes blended tropical fruit drinks in two stages. Fruit juices are extracted from fresh fruits and then blended in the Blending Department. The blended juices are then bottled and packed for shipping in the Bottling Department. The following information pertains to the operations of the Blending Department for June. Percent Completed Units Materials Conversion Work in process, beginning 110,000 Started into production 520,000 70% 40% 75% 25% Completed and transferred out510,000 Work in process, ending Materials 120,000 Conversion Work in process, beginning $ 48,100 $ 17,900 Cost added during June $ 515,900 $ 381,700 Required: Assume that the company uses the weighted-average method. 1. Determine the equivalent units for June for the Blending Department. 2. Compute the costs per equivalent unit for the Blending Department. (Round your answers to 2 decimal places.) 3 Determine the total cost of ending work in process inventory and the total cost of units transferred to the Bottling Department. (Round your intermediate calculations to 2 decimal places. Cost of ending work in process inventory Cost of units completed and transferred out 4 Prepare a cost reconciliation report for the Blending Department for June. (Round your intermediate calculations to 2 decimal places. Round your final answers to the nearest whole dollar.) Cost to be accounted for Total cost to be accounted for Cost accounted for as follows Total cost accounted for Mercer Asbestos Removal Company removes potentially toxic asbestos insulation and related products from buildings. There has been a long-simmering dispute between the company's estimator and the work supervisors. The on-site supervisors claim that the estimators do not adequately distinguish between routine work such as removal of asbestos insulation around heating pipes in older homes and nonroutine work such as removing asbestos-contaminated ceiling plaster in industrial buildings. The onsite supervisors believe that nonroutine work is far more expensive than routine work and should bear higher customer charges. The estimator sums up his position in this way: \"My job is to measure the area to be cleared of asbestos. As directed by top management, I simply multiply the square footage by $2.80 to determine the bid price. Since our average cost is only $2.58 per square foot, that leaves enough cushion to take care of the additional costs of nonroutine work that shows up. Besides, it is difficult to know what is routine or not routine until you actually start tearing things apart.\" To shed light on this controversy, the company initiated an activity-based costing study of all of its costs. Data from the activity-based costing system follow: Activity Cost Pool Removing asbestos Activity Measure Thousands of square feet Total Activity 800 Estimating and job setup Number of jobs 400 Working on nonroutine jobs Number of nonroutine jobs thousand square feet jobs 100 nonroutine jobs Other (costs of idle capacity and organization-sustaining costs) None Note: The 100 nonroutine jobs are included in the total of 400 jobs. Both nonroutine jobs and routine jobs require estimating and setup. Costs for the Year Wages and salaries $ 372,000 Disposal fees 775,000 Equipment depreciation 96,000 On-site supplies 58,000 Office expenses 280,000 Licensing and insurance Total cost $ 480,000 2,061,000 Distribution of Resource Consumption Across Activities Removing Asbestos Total Estimating and Job Setup Working on Nonroutine Jobs Other Wages and salaries 60 % 10 % 20 % 10 % 100 Disposal fees 60 % 0 % 40 % 0 % 100 % Equipment depreciation % 50 % 10 % 15 % 25 % 100 On-site supplies 70 % 20 % 10 % 0 % 100 % Office expenses 10 % 40 % 20 % 30 % 100 % 25 % 0 % 60 % 15 % 100 Licensing and insurance % Required: 1. Perform the first-stage allocation of costs to the activity cost pools. Removing Asbestos Wages Disposal fees Equipment Dep Onsite Supplies Other expenses Licensing and insurance Total Cost Estimating and Job Setting Working on/Nonroutine on Jobs Other total % 2. Compute the activity rates for the activity cost pools Activity Cost pool Removing asbestos Estimating & job setting Working on nonroutine jobs Activity Per thousand sq f Per job Per no routine job Using the activity rates you have computed, determine the total cost and the average cost per thousand square feet of each of the following jobs according to the activity-based costing system. (Round the "Average cost" to 2 decimal places.) c. a. A routine 1,000-square-foot asbestos removal job. b. A routine 2,000-square-foot asbestos removal job. A nonroutine 2,000-square-foot asbestos removal job Equivalent Units Physical Flow D/M Conversi on Degree of Completion Conversi on D/M BWIP 70% 40% Started during June 520,000 Total Completed Units 630,000 510,000 From BWIP Started And Completed EWIP 120,000 Total FIFO Equivalent Units 110,000 30% 60% 110,000 33,000 66,000 100% 100% 400,000 400,00 0 400,000 75% 25% 120,000 90,000 30,000 523,00 0 496,000 77,000 44,000 600,00 0 540,000 630,000 (A) Plus BWIP EU from previous period Weighted Average Equivalent Units (B) D/M $48,10 0 $17,900 (1) 515,90 0 361,700 (2) $564,0 00 $379,60 0 (1) / (A) $0.986 $0.729 BWIP Current Costs Added This Period Total FIFO Conversi on Weighted Average (2) / (B) $0.940 $0.703 $110,655 $48,10 0 $17,900 Costs Associated with Completed Units From BWIP Costs Assigned to BWIP D/M 32,552 Conversion Costs 48,129 Total From Units Started & Completed Total Cost Associated with Units T/0 $80,65 2 $66,029 394,57 0 291,694 $475,2 22 $357,72 3 Cost Assigned to EWIP Units $88,77 8 D/M Costs Conversion Costs 21,877 $88,77 8 $21,877 Total Costs Accounted for $564,0 00 $379,60 0 Costs Associated with Completed Units $479,4 00 $358,51 1 Total Cost Assigned to EWIP Cost Assigned to EWIP Units D/M Costs $105,689 $84,60 0 Conversion Costs Total Total Costs Accounted for $21,089 $84,60 0 $21,089 $564,0 00 $379,60 0 report The net result of using weighted average costing is that the recorded amount of inventory on hand represents a value somewhere between the oldest and newest units purchased into stock. Similarly, the cost of goods sold will reflect a cost somewhere between that of the oldest and newest units that were sold during the period. The weighted average method is allowed under both generally accepted accounting principles and international financial reporting standards

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