Question: PRACTICE PROBLEMS FOR MID TERM EXAM 3 Old Country Links, Inc, produces sausages in three production departments-Mixing, Casing and Curing, and Packaging in the Mixing





PRACTICE PROBLEMS FOR MID TERM EXAM 3 Old Country Links, Inc, produces sausages in three production departments-Mixing, Casing and Curing, and Packaging in the Mixing Department, meats are prepared and ground and then mixed with spices. The spiced meat mixture is then transferred to the Casing and Curing Department, where the mixture is force-fed into casings and then hung and cured in climate-controlled smoking chambers In the packaging Department, the cured sausages are sorted, packed, and labeled. The company uses the weighted average method in its process costing system. Data for September for the Casing and Curing Department follow 2 DO Shop Percent Completed Units Mixing Materials Conversion Work in process inventory, September 16 100% 60% SOX Work in process inventory, September 30 6 100% 1ex Print Work in process inventory, September 1 Cost added during September Mixing Materials Conversion $ 11,664 $ 228 5 4,818 $134, 136 $ 15,241 $127,482 Hes Mong cost represents the costs of the spiced meat mature transferred in from the Mixing Department. The spiced meat mixture is processed in the Casing and Curing Department in batches, eachiunt in the above table batch and one batch of spiced meat mature produces a set amount of sausages that are passed on to the Packaging Department Duning September, 25 batches de units) were completed and transferred to the Packaging Department Required: 1 Determine the Casing and Curing Department's equivalent units of production for maing, materials, and conversion for the month of September 2. Compute the Casing and Curing Department's cost peregu valent uniforming, materials and conversion for the month of September 3. Compute the Casing and Curing Department's cost of ending work in process into forma materials, conversion and in botal for September 4. Compute the Casing and Curing Departments cost of transferred out to the packaging Department for ning materials conversion, and in total for September 5. Prepare a cost reconciliation report for the Casing and Caring Department for September Complete this question by entering your answers in the tabs below Red 1 qurd 4 Bred 5 PRACTICE PROBLEMS FOR MID TERM EXAM 3 Units Mixing Materials Conversion Work in process inventory, September 1 6 100% SOX Work in process inventory, September 306 100% 203 10% 2 Mixing Materials Conversion Work in process inventory, September $ 11,664 $ 228 $4,818 1 Cost added during September $134, 136 $ 15,241 $127,482 book O Pri Ming cost represents the costs of the spiced meat mixture transferred in from the Moxing Department. The spiced meat mixture is processed in the Casing and Curing Department in batches, each unit in the above table is a batch and one batch of spiced meat mature produces a set amount of sausages that are passed on to the Packaging Department. During September, 75 batchese.. units) were completed and transferred to the Packaging Department Required: Determine the Carsing and Curing Department's equivalent units of production for mixing materials, and conversion for the month of 2 Compute the Casing and Curing Department's cost per equivalent unit for mixing, materials, and conversion for the month of September 3. Compute the Casing and Curing Department's cost of ending work in process invertory for mang, materials, conversion, and in 4. Compute the Casing and Curing Department's cost of units transferred out to the Packaging Department for mixing, materials, 5. Prepare a cost reconciliation report for the Casing and Curing Department for September Complete this question by entering your answers in the tabs below. Required quired 2 Required Required 4 Required Determine the Casing and caring Department's equivalent units of production for mixing, materials, and conversion for the month of September (Round your intermediate calculations and final answers to 1 decimal place) Mising Conversion Ens of production Reid? PRACTICE PROBLEMS FOR MID TERM EXAM A Work in process inventory, September 3 Mixing Materials Conversion $ 11,664 $ 228 $4,818 $134, 136 $15,241 $127,482 Cost added during September 2 pones Sipped Moding cost represents the costs of the spiced meat mocture transferred in from the Mixing Department. The spiced meat mocture is processed the Casing and Curing Department in batches, each unit in the above table is a batch and one batch of spiced meat mixture produces a set amount of sausages that we passed on to the Packaging Department. During September, 75 batches (le units) were completed and transferred to the Packaging Department Required: Determine the Caring and Curing Department's equivalent units of production for mixing, materials, and conversion for the month of September 2 Compute the Casing and Curing Department's cost per equivalent unit for mixing, materials, and conversion for the month of September 2. Compute the Casing and Curing Department's cost of ending work in process inventory for mixing, materials, conversion, and in total for September 4 Compute the Casing and Curing Departments cost of units transferred out to the Packaging Department for mixing, materials, conversion, and in total for September 5. Prepare a cost reconciliation report for the Casing and Curing Department for September References Complete this question by entering your answers in the tabs below. Required Begred2 Required Required Required Compute the Casing and Curing Department's cost per equivalent unit for mbing materials, and conversion for the month of September (Round your intermediate calculations to decimal place and your final answers to the nearest whole dollar amount) Mixing Materials Conversion PRACTICE PROBLEMS FOR MID TERM EXAM Work in process inventory, September 1 Cost added during September Mixing Materials Conversion $ 11,664 $ 228 $ 4,818 $134, 136 $ 15,241 $127,482 2 pois Suipped Mixing cost represents the costs of the spiced meat mixture transferred in from the Mixing Department. The spiced meat mixture is processed in the Casing and Curing Department in batches, each unit in the above table is a batch and one batch of spiced meat mixture produces a set amount of sausages that are passed on to the Packaging Department. During September, 75 batches (ie.. units) were completed and transferred to the Packaging Department Required: 1. Determine the Casing and Curing Department's equivalent units of production for mixing, materials, and conversion for the month of 2 Compute the Casing and Curing Department's cost per equivalent unit for mixing, materials, and conversion for the month of September 3. Compute the Casing and Curing Department's cost of ending work in process inventory for mixing, materials, conversion, and in total for September 4. Compute the Casing and Curing Department's cost of units transferred out to the Packaging Department for mixing, materials, conversion, and in total for September 5. Prepare a cost reconciliation report for the Casing and Curing Department for September Reference Complete this question by entering your answers in the tabs below. Required Required 1 Required 2 Required 3 Required 4 Required 5 Compute the Casing and Curing Department's cost of ending work in process inventory for mixing, materials, conversion, and In total for September (Round your intermediate calculations to 1 decimal place and your final answers to the nearest whole dollar amount) Mixing Materials Conversion Total Cost of ending work in process inventy Cost added during September + + WA $134, 136 $ 15,241 $127,482 3 2 points Skiced Mong cost represents the costs of the spiced meat mixture transferred in from the Moding Department. The spiced meat mixture is processed in the Casing and Cunng Department in batches each unit in the above table is a batch and one batch of spiced meat mixture produces a set amount of sausages that are passed on to the Packaging Department. During September, 75 batches (le, units) were completed and transferred to the Packaging Department Required: 1 Determine the Casing and Curing Departments equivalent units of production for mang. materials, and conversion for the month of September 2. Compute the Casing and Curing Department's cost per equivalent unit for mixing, materials, and conversion for the month of September 3. Compute the Casing and Curing Department's cost of ending work in process inventory for mading, materials, conversion, and in total for September 4 Compute the Casing and Curing Department's cost of units transferred out to the Packaging Department for mixing, materials, conversion, and in total for September 5. Prepare a cost reconciliation report for the Casing and Curing Department for September Print Complete this question by entering your answers in the tabs below. Rewired 1 Required 2 Mecured Required 4 Regards Prepare a cost recondition report for the Casing and Curing Department for September. (Round your intermediate calculations to 1 decimal place and your final answers to the nearest whole dollar amount.) Casing and Curing Department Cost Reconciliation Castebetelor Totalcobendor Costa Total celor
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