Question: QUIE-CH 04 Exercises & Problems Seved Help Suve & Exit Submit Check my world 7 Hell Corporation uses the weighted average method in its process


QUIE-CH 04 Exercises & Problems Seved Help Suve & Exit Submit Check my world 7 Hell Corporation uses the weighted average method in its process costing system. It produces prefabricated flooring in a series of steps carried out in production departments. All of the material that is used in the first production department is added at the beginning of processing in that department Data for May for the first production department follow 2 53,00 3.000 Work in process inventory, May 1 Work in process inventory, May 1 materials cost in work in process inventary, May 1 Conversion cont in work in prest inventory. May Uits started into production Units transferred to the next production partit Materials cost added during my Conversion de Recent Compte Het Can 10 SO 2013 1 16.00 1.00 2. 20.000 359, 111 Required: 1 Calculate the first production departments equivalent of production manand conversion for May 2 Compute the first production department's cost per equivalent for men and conversion for May 2. Compute the first production department's cost of ending work in process inventory foc material conversion and in total for May 4 compute the first production department's cost of the need to the next reduction department for materials, conversion and in total for May Complete this question by entering your answers in the tabs below Chec Units started into production Units transferred to the next production department Materials cost added during May Conversion cost added during Hay 249,800 269,500 $ 59,850 $ 178,316 Required: 1. Calculate the first production department's equivalent units of production for materials and conversion for May 2. Compute the first production department's cost per equivalent unit for materials and conversion for May 3. Compute the first production department's cost of ending work in process inventory for materials, conversion, and in total for May 4 Compute the first production department's cost of the units transferred to the next production department for materials, conversion, and in total for May Complete this question by entering your answers in the tabs below. Required Required 2 Required 3 Required 4 Calculate the first production department's equivalent units of production for materials and conversion for May Materials Conversion Equivalent units of production Required > > Helix Corporation uses the weighted average method in its process costing system. It produces prefabricated flooring in a series of steps carried out in production departments All of the material that is used in the first production department is added at the beginning of processing in that department Data for May for the first production department follow Units 53,000 33,000 Work in process Inventory, May 1 Work in process Inventory. Hay 31 Materials cost in work in process inventory, May 1 Conversion cost in work in process Inventory, May 1 Units started into production Units transferred to the next production department Materials cost added during May Conversion cost added during May Percent Complete Materials Conversion 100% 10X 201 $ 46.100 5 12,400 249,000 269.000 $ 59,00 $ 178.310 Required: 1 Calculate the first production department's equivalent units of production for materials and conversion for May 2. Compute the first production departments cost per equivalent unit for materials and conversion for May 3. Compute the first production department's cost of ending work in process inventory for materials, conversion and in total for May 4. Compute the first production departments cost of the units transferred to the next production department for materials conversion and in total for Moy Complete this question by entering your answers in the tabs below. Units transferred to the next production department Materials cost added during May Conversion cost added during May 269,800 $ 59,880 $ 178,316 Required: 1. Calculate the first production department's equivalent units of production for materials and conversion for May 2. Compute the first production department's cost per equivalent unit for materials and conversion for May 3. Compute the first production department's cost of ending work in process inventory for materials, conversion, and in total for May. 4. Compute the first production department's cost of the units transferred to the next production department for materials, conversion and in total for May Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 calculate the first production department's equivalent units of production for materials and conversion for May Materials Conversion Equivalent unit of production Required)
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