Question: OE Problem 6-47 Steps in Preparing a Production Report Recently, Stillwater Designs expanded its market by becoming an original equipment supplier to Jeep Wrangler. Stillwater
OE Problem 6-47 Steps in Preparing a Production Report Recently, Stillwater Designs expanded its market by becoming an original equipment supplier to Jeep Wrangler. Stillwater Designs produces factory upgraded speakers specifically for Jeep Wrangler. The Kicker components and speaker cabinets are outsourced with assembly remain- ing in-house. Stillwater Designs assemble the product by placing the speakers and other com- ponents in cabinets that define an audio package upgrade and that can be placed into the Jeep Wrangler, producing the desired factory-installed appearance. Speaker cabinets and associated Kicker components are added at the beginning of the assembly process. Assume that Stillwater Designs uses the weighted average method to cost out the audio pack- age. The following are cost and production data for the assembly process for April: son Production: u Wort ob Tips Units in process, April 1, 60% complete by-word 20360,000 to Od Units completed and transferred out post ni botol 150,000 woda Units in process, April 30, 20% completed be valimu 30,000.00 Costs: Horar todo tione alig WIP, April 1: Cabinets shoq$ 1,200,000 - odos Kicker components podrand 12,600,000 do 15 Conversion costs 5,400,000 og Costs added during April: botiguo violinis bobble Cabinets $ 2,400,000 Kicker components 25,200,000 botupo Conversion costs 8,640,000 buto doo Required: 1. Prepare a physical flow analysis for the assembly department for the month of April. 2. Calculate equivalent units of production for the assembly department for the month of April. 3. Calculate unit cost for the assembly department for the month of April. man 4. Calculate the cost of units transferred out and the cost of EWIP inventory. 5. Prepare a cost reconciliation for the assembly department for the month of April.mili som sover be mooniblost all
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