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1. Fill in the time line for the Fermenting Department. 2. Summarize the flow of physical units, and compute the total equivalent units using the weighted-average method. 3. Summarize total costs to account for, and compute the cost per equivalent unit for direct materials and conversion costs. 4. Assign total costs to units (litres): a. Completed and transferred out to the Packaging Department b. In the Fermenting Department ending work in process inventory 5. What is the average cost per litre transferred out of Fermenting into Packaging? Why would Samson Vineyard's managers want to know this cost? - x Data Table 2,000 litres 6,000 litres 6,550 litres ---- 1,450 litres Litres: Beginning work in process inventory Started production Completed and transferred out to Packaging in March Ending work in process inventory (80% of the way through the fermenting process) Costs: Beginning work in process inventory ($2,800 of direct materials and $2,855 of conversion cost) Costs added during March: Direct materials Direct labour 5,655 8,800 1,600 2,484 Manufacturing overhead $ 12,884 Total costs added during March. Samson Vineyards in Nova Scotia has two departments Fermenting and Packaging Direct materials are added at the beginning of the fermenting process (grapes) and at the end of the packaging process (bottles). Conversion costs are added evenly throughout each process. Data from the month of March for the Fermenting Department are as follows (Click the icon to view the data from March.) Requirements Requirement 1. Fill in the time line for the Fermenting Department. Start Complete Complete using the weighted average method 100% complete 1.450 litres started but not finished 6,550 litres completed and transferred out 6,000 litres completed and transferred out Conversion costs added at 80% throughout the process Conversion costs added evenly throughout the process Direct materials (grapes) added Transferred out to Packaging on ext question Time Remaining: 00:59:37 Submit Tes Requirement 2. Summarize the flow of physical units, and compute the total equivalent units using the weighted average method. Samson Vineyards Fermenting Department Flow of Physical Units and Computation of Equivalent Units Equivalent Units Direct Conversion Flow of Physical Units Flow of Production Materials Costs Units to account for: Units accounted for: Total equivalent units Requirement 3. Sunmare total costo account for and computere cont persetunt for direct materials and conversion couts (Round the cost per equivalent unit to the nearest cent) Samson Vineyards Fermenting Department Coster En Unt Direct Conversion Materials Costs Total Requirement 4. Assign total costs to units (litres) Now we can calculate the total cost of the units for a completed and transferred out to the Packaging Department and b. the Fermenting Department ending work in process. (Enter quantities first and then the cost per equivalent unit amounts in the same order as calculated in the preceding step. Round your answers to the nearest cent.) Samson Vineyards Fermenting Department Assignment of Costs Assign costs: Direct Materials Conversion Costs Total PM b PM Total cost account Requirement 5. What is the average cost per litre transferred out of Fermenting into Packaging? Why would Samson Vineyard's managers want to know this cost? First identify the labels to compute the average cost per litre transferred out, and then computo the average cost per tinit (Round your answer to the nearest cont.) Avg. cost per tre PM