Preview File Edit View Go Tools Window Help Screen Shot 2018-12-09 at 5.26.52 PM Q Search Roots Exteriors produces exterior siding for homes. The Preparation Department begins with wood, which is chopped into small bits. At the end of the process, an adhesive is added. Then the wood/adhesive mixture goos on to the Compression Department, where the wood is compressed into sheets Conversion costs are added evenly throughout the preparation process. January data for the Preparation Department are as follows: (Click the icon to view the data.) Read the requirements Requirement 1. Prepare a production cost report for the Proparation Department for January. The company uses the weighted-average method. (Hint E direct material added at a different point in the production process requires its own equivalent units of production computation.) (Complete all answer box Enter a "-for any zero balances. Round all oost per amounts to he nearest cont and all other rounts to the nearest whole dolar Abbrevat on use EUP- equivalent units of production.) Root's Exteriors Production Cost Report-Preparation Department Month Ended January 31 Equivalent Units Physical Conversion Direct Materials Units Wood Adhesive Costs UNITS Units to account for Tolal units to account for350 Units accounted for Sth Editiorn Miller-Nobles, Tracie L Ainsworth, Penne See all solutions My Questions Preview File Edit ViewGo Tools Window Help Screen Shot 2018-12-09 at 5.26.52 PM Screen Shot 2018-12-09 at 5.27.14 PM Q Search Units accounted for Total units accounted for Direct Materials Conversion Total COSTS Wood AdhesivesCosts Costs Costs to account for: Total costs to account for Cost per equivalent unit Costs accounted for: Total costs accounted for Units accounted for 5th Edition Mller-Nobles, Tracie L. introauction... 6th Edition Ainsworth, Penne Preview File Edit View Go ToolsWindow Help Screen Shot 2018-12-09 at 5.26.52 PM s Screen Shot 2018-12-09 at 5.27.14 PM Screen Shot 2018-12-09 at 5.27.25 PM Q Sean Requirement 2. Prepare the jounal entry to record the cost of the sheets completed and transferred out to the Compression Department hen credits. Exclude explanations from any journal entries.) Date Debit Credit Jan. 31 Requirement 3. Post the journal entries to the Work in process inventory-Preparation T-account. What is the ending balance? Post all transactions to the Work-in-Process Inventory Preparation T-account using the appropriate descriptions as posting referencesC the ending balance of the account, "Bal. Jan. 31, on the appropriate side of the T-account Work-in-Process Inventory Preparation Bal. Dec. 31 Horngrens introauction.. 6th Editiorn Ainsworth, Penne 5th Edition Tracie L File Edit View Go Tools Window Help Screen Shot 2018-12-09 at 5.26.52 a Screen Shot 2018-12-09 at 5.27.14 PM Screen Shot 2018-12-09 at 5 Screen Shot 2018-12-09 at 5.27.48 PM Q Search UNITS Beginning Work-in-Process Inventory Started in production Completed and transferred out to Compression in January Ending Work-in-Process inventory (25% of the way through the preparation process) COSTS Beginning Work-in-Process Inventory Costs added during January: 0 sheets 3,500 sheets 3,000 sheets 500 sheets Wood Adhesives Direct labor Manufacturing overhead allocated 2,100 - 2,400 1,750 2,000 $ 8,250 Total costs ed for