Smith's Exteriors produces exterior siding for homes. The Preparation Department begins with wood, which is chopped...

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Smith's 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 goes 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. UNITS Units to account for: Beginning work-in-process Munn Erived January n Equivalent Units Physical Direct Materials Conversion Units Wood Adhesive Costs Started in production 4300 4300 Total units to account for Units accounted for: Completed and transferred out 3000 3000 3000 3000 1300 1300 0 585 Ending work-in-process 4300 4300 3000 Total units accounted for 3585 Direct Materials Conversion Total Wood Adhesives Costs Costs COSTS Costs to account for: Beginning work-in-process Costs added during the period Total costs to account for Divided by: Total EUP Cost per equivalent unit Costs accounted for: Completed and transferred out Ending work-in-process Total costs accounted for Data table UNITS Beginning Work-in-Process Inventory 0 sheets Started in production 4,300 sheets Completed and transferred out to Compression in January 3,000 sheets Ending Work-in-Process inventory (45% of the way through the preparation process) 1,300 sheets COSTS Beginning Work-in-Process Inventory 0 Costs added during January: Wood Adhesives Print Done 2,795 2,100 Smith's 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 goes 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. UNITS Units to account for: Beginning work-in-process Munn Erived January n Equivalent Units Physical Direct Materials Conversion Units Wood Adhesive Costs Started in production 4300 4300 Total units to account for Units accounted for: Completed and transferred out 3000 3000 3000 3000 1300 1300 0 585 Ending work-in-process 4300 4300 3000 Total units accounted for 3585 Direct Materials Conversion Total Wood Adhesives Costs Costs COSTS Costs to account for: Beginning work-in-process Costs added during the period Total costs to account for Divided by: Total EUP Cost per equivalent unit Costs accounted for: Completed and transferred out Ending work-in-process Total costs accounted for Data table UNITS Beginning Work-in-Process Inventory 0 sheets Started in production 4,300 sheets Completed and transferred out to Compression in January 3,000 sheets Ending Work-in-Process inventory (45% of the way through the preparation process) 1,300 sheets COSTS Beginning Work-in-Process Inventory 0 Costs added during January: Wood Adhesives Print Done 2,795 2,100