Question: Need help with requirement 3-5 please Crafty Paint prepares and has two departments: (1) Blending and (2) Packaging. Direct g process (dyes) and at the

 Need help with requirement 3-5 please Crafty Paint prepares and hastwo departments: (1) Blending and (2) Packaging. Direct g process (dyes) andat the end of the packaging process (cans). Conversion costs are added

Need help with requirement 3-5 please

Crafty Paint prepares and has two departments: (1) Blending and (2) Packaging. Direct g process (dyes) and at the end of the packaging process (cans). Conversion costs are added evenly throughout each process. Data from the month of May for the Blending Department are as follows packages paint products. The company materials are added at the beginning of the blendin eginning work in process inventory. Started production Completed and transferred out to . 8,600 gallons . . 6,300 gallons Packaging in May Ending work in process inventory (30% of the way through the blending process) 2,300 gallons Costs Beginning work in process inventory... Costs added during May: Direct materials (dyes) Direct labor Manufacturing overhead 700 2,096 $ 8,042 Total costs added during May 3. Summarize total costs to account for and find the cost per equivalent unit for direct materials and conversion costs 4. Assign total costs to units (gallons): a. Completed and transferred out to the Packaging Department b. In the Blending Department ending work in process inventory What is the average cost per gallon transferred Packaging Department? Why would the company's managers want to know this cost

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