= Quiz: Chapter 5 Quiz Question 2 of 3 This question: 1 Submit quiz point(s) Question...
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= Quiz: Chapter 5 Quiz Question 2 of 3 This question: 1 Submit quiz point(s) Question list O Question 1 O Question 2 O Question 3 Data table possible Kun Pow produces canned chicken a la king. The chicken a la king passes through three departments: (1) Mixing, (2) Retort (sterilization), and (3) Packing. In the Mixing Department, chicken and cream are added at the beginning of the process, the mixture is partly cooked, and chopped green peppers and mushrooms are added at the end of the process. Conversion costs are incurred evenly throughout the mixing process. November data from the Mixing Department are as follows: (Click the icon to view the data.) Read the requirements. Requirement 1. Fill in the time line for the Mixing Department. - X Gallons Beginning work in process inventory Started production Completed and transferred out to Retort in November Costs $ 0 0 gallons Beginning work in process inventory 14,000 gallons Costs added during November: 13,200 gallons Chicken 22,400 Ending work in process inventory (70% of the way through the mixing process) .800 gallons Cream 4,200 Green peppers and mushrooms Direct labor 6,600 11,500 Manufacturing overhead 10,516 e CD $ 55,216 Total costs Print Done and Flow of Production Units and Cream Mushrooms Costs Units to account for: Next on tion list K stion 1 stion 2 tion 3 Kun Pow produces canned chicken a la king. The chicken a la king passes through three departments: (1) Mixing, (2) Retort (sterilization), and (3) Packing. In the Mixing Department, chicken and cream are added at the beginning of the process, the mixture is partly cooked, and chopped green peppers and mushrooms are added at th end of the process. Conversion costs are incurred evenly throughout the mixing proce November data from the Mixing Department are as follows: (Click the icon to view the data.) Read the requirements. Requirement 1. Fill in the time line for the Mixing Department. Requirements 1. Fill in the time line for the Mixing Department. 2. Use the time line to help you summarize the flow of physical units and compute the equivalent units. (Hint: Each direct material added at a different point in the production process requires its own equivalent-unit computation.) 3. Compute the cost per equivalent unit for each cost category. 4. Compute the total costs of the units (gallons): a. Completed and transferred out to the Retort Department b. In the Mixing Department's ending work in process inventory Print Done Mixing Department Equivalent Unit Computation Month Ended November 30 Flow of - ical units a ent point in ries with a Equivalent Units Physical Chicken Green Peppers Conve Flow of Production Units and Cream and Mushrooms Cos Units to account for: Nex Requirement 1. Fill in the time line for the Mixing Department. Start Complete Complete Requirement 2. Use the time line to help you summarize the flow of physical units and compute the equivalent units. (Hint: Each direct material added at a different point in the production process requires its own equivalent-unit computation.) (For entries with a zero balance, make sure to enter "0" in the appropriate cell(s).) Mixing Department Equivalent Unit Computation Month Ended November 30 Flow of Equivalent Units Physical Chicken Green Peppers Conversion and Flow of Production Units and Cream Mushrooms Costs Units to account for: Units accounted for: Next Units accounted for: Total equivalent units Requirement 3. Compute the cost per equivalent unit for each cost category. (For entries with a $0 balance, make sure to enter "0" in the appropriate cell(s). Round the cost per equivalent unit to the nearest cent.) Kun Pow Mixing Department Cost per Equivalent Unit Month Ended November 30 Green Peppers Chicken and and Conversion Cost per Equivalent Unit: Cream Mushrooms Costs Cost per equivalent unit Requirement 4. Calculate the total cost of the units (a) completed and transferred out to the Retort Department and (b) the units in the Mixing Department's ending work in process inventory. (Enter quantities first, then the cost per equivalent unit amounts in the same order as calculated in the preceding step. For entries with a zero balance, make sure to enter "O" in the appropriate cell(s). Round your answers to the nearest whole dollar.) Mixing Department Month Ended November 30 Assigning Costs Chicken Green Peppers Conversion and and Chicken and Cost per Equivalent Unit: Cream and Mushrooms Conversion Costs Cost per equivalent unit Requirement 4. Calculate the total cost of the units (a) completed and transferred out to the Retort Department and (b) the units in the Mixing Department's ending work in process inventory. (Enter quantities first, then the cost per equivalent unit amounts in the same order as calculated in the preceding step. For entries with a zero balance, make sure to enter "0" in the appropriate cell(s). Round your answers to the nearest whole dollar.) Mixing Department Month Ended November 30 Assigning Costs Chicken Green Peppers Conversion and and Cream Mushrooms Costs Total a. Completed and transferred out: b. Ending work in process: Total costs accounted for Next = Quiz: Chapter 5 Quiz Question 2 of 3 This question: 1 Submit quiz point(s) Question list O Question 1 O Question 2 O Question 3 Data table possible Kun Pow produces canned chicken a la king. The chicken a la king passes through three departments: (1) Mixing, (2) Retort (sterilization), and (3) Packing. In the Mixing Department, chicken and cream are added at the beginning of the process, the mixture is partly cooked, and chopped green peppers and mushrooms are added at the end of the process. Conversion costs are incurred evenly throughout the mixing process. November data from the Mixing Department are as follows: (Click the icon to view the data.) Read the requirements. Requirement 1. Fill in the time line for the Mixing Department. - X Gallons Beginning work in process inventory Started production Completed and transferred out to Retort in November Costs $ 0 0 gallons Beginning work in process inventory 14,000 gallons Costs added during November: 13,200 gallons Chicken 22,400 Ending work in process inventory (70% of the way through the mixing process) .800 gallons Cream 4,200 Green peppers and mushrooms Direct labor 6,600 11,500 Manufacturing overhead 10,516 e CD $ 55,216 Total costs Print Done and Flow of Production Units and Cream Mushrooms Costs Units to account for: Next on tion list K stion 1 stion 2 tion 3 Kun Pow produces canned chicken a la king. The chicken a la king passes through three departments: (1) Mixing, (2) Retort (sterilization), and (3) Packing. In the Mixing Department, chicken and cream are added at the beginning of the process, the mixture is partly cooked, and chopped green peppers and mushrooms are added at th end of the process. Conversion costs are incurred evenly throughout the mixing proce November data from the Mixing Department are as follows: (Click the icon to view the data.) Read the requirements. Requirement 1. Fill in the time line for the Mixing Department. Requirements 1. Fill in the time line for the Mixing Department. 2. Use the time line to help you summarize the flow of physical units and compute the equivalent units. (Hint: Each direct material added at a different point in the production process requires its own equivalent-unit computation.) 3. Compute the cost per equivalent unit for each cost category. 4. Compute the total costs of the units (gallons): a. Completed and transferred out to the Retort Department b. In the Mixing Department's ending work in process inventory Print Done Mixing Department Equivalent Unit Computation Month Ended November 30 Flow of - ical units a ent point in ries with a Equivalent Units Physical Chicken Green Peppers Conve Flow of Production Units and Cream and Mushrooms Cos Units to account for: Nex Requirement 1. Fill in the time line for the Mixing Department. Start Complete Complete Requirement 2. Use the time line to help you summarize the flow of physical units and compute the equivalent units. (Hint: Each direct material added at a different point in the production process requires its own equivalent-unit computation.) (For entries with a zero balance, make sure to enter "0" in the appropriate cell(s).) Mixing Department Equivalent Unit Computation Month Ended November 30 Flow of Equivalent Units Physical Chicken Green Peppers Conversion and Flow of Production Units and Cream Mushrooms Costs Units to account for: Units accounted for: Next Units accounted for: Total equivalent units Requirement 3. Compute the cost per equivalent unit for each cost category. (For entries with a $0 balance, make sure to enter "0" in the appropriate cell(s). Round the cost per equivalent unit to the nearest cent.) Kun Pow Mixing Department Cost per Equivalent Unit Month Ended November 30 Green Peppers Chicken and and Conversion Cost per Equivalent Unit: Cream Mushrooms Costs Cost per equivalent unit Requirement 4. Calculate the total cost of the units (a) completed and transferred out to the Retort Department and (b) the units in the Mixing Department's ending work in process inventory. (Enter quantities first, then the cost per equivalent unit amounts in the same order as calculated in the preceding step. For entries with a zero balance, make sure to enter "O" in the appropriate cell(s). Round your answers to the nearest whole dollar.) Mixing Department Month Ended November 30 Assigning Costs Chicken Green Peppers Conversion and and Chicken and Cost per Equivalent Unit: Cream and Mushrooms Conversion Costs Cost per equivalent unit Requirement 4. Calculate the total cost of the units (a) completed and transferred out to the Retort Department and (b) the units in the Mixing Department's ending work in process inventory. (Enter quantities first, then the cost per equivalent unit amounts in the same order as calculated in the preceding step. For entries with a zero balance, make sure to enter "0" in the appropriate cell(s). Round your answers to the nearest whole dollar.) Mixing Department Month Ended November 30 Assigning Costs Chicken Green Peppers Conversion and and Cream Mushrooms Costs Total a. Completed and transferred out: b. Ending work in process: Total costs accounted for Next
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Managerial Accounting
ISBN: 978-0176223311
1st Canadian Edition
Authors: Karen Wilken Braun, Wendy Tietz, Walter Harrison, Rhonda Pyp
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