T$-$account

$\backslash$table$[[$Work in Process Inventory$-$Plating$],[$March $1$ balance,$34,400],[$Transferred$-$in from Shaping,$40,800],[$Direct materials,$30,000],[$Direct labor,$21,500],[$Manufacturing overhead,$28,900]]$

Additional data

The direct materials $($rubber pads$)$ are added at the end of the plating process. Conversion costs are incurred evenly throughout the process. Work in process of the Plating Department on March $1$ consisted of $1,800$ racks. The $$34,400$ beginning balance of Work in Process$-$Plating includes $$20,400$ of transferred$-$in cost and $$14,000$ of conversion cost. During March, $1,800$ racks were transferred in from the Shaping Department. The Plating Department transferred $2,000$ racks to Finished Goods Inventory in March, and $1,600$ were still in process on March $31.$ This ending inventory was $50\%$ of the way through the plating process.

Requirement $1.$ Fill in the time line for the Plating Department. $($Complete all input fields.$)$

$\backslash$table$[[$Start$,$Complete,,$],[[,,,],[,,,]]$

Equivalent Unit Computations $($Weighted$-$Average$)$

Month Ended March $31$

$\backslash$table$[[,$Flow of$,$Equivalent Units$],[,$Physical,Transferred$-,$Direct,Conversion$],[$Flow of Production,Units,in$,$Materials,Costs$]]$

Units accounted for:

Total equivalent units

Now we will begin the production cost report by completing the first half of the report. Compute the cost per equivalent unit. $($For entries $n$ input fields.$)$

Plating Department

Cost per Equivalent Unit $($Weighted$-$Average$)$

Month Ended March $31$

Complete the March production cost report by assigning the costs to units completed and transferred out and to ending inventory. $($Enter quantities first, then the cost per equivalent unit amount the same order as calculated in the preceding step. For entries with a zero balance, make sure to enter $"0"$ in the appropriate input fields.$)$

Plating Department

Month Ended March $31$

Assigning Costs

$\backslash$table$[[,$Transferred$-,$Direct,Conversion$],[$Completed and transferred out:,in$,$Materials,Costs$]]$

indeted and transferred out:

Ending work in process:

Total costs accounted for

Road Trip manufactures auto roof racks in a two$-$stage process that includes shaping and plating. Steel alloy is the basic raw material of the shaping process. The steel is mol

Requirement $3.$ Journalize all transactions affecting the Plating Department during March, including the entries that have already been posted. Assume the wages are unpaid.

Record the journal entry for the cost of the units transferred in from the Shaping Department. $($Record debits first, then credits. Exclude explanations from any journal entries.$)$

$\backslash$table$[[$Journal Entry$],[$Date$,$Accounts,Debit,Credit$],[,.,,],[,,,],[,,,],[,,,]]$

Record the direct materials, direct labor, and manufacturing overhead to the Plating Department.

Prepare the journal entry to record the cost of units completed and transferred out.

$\backslash$table$[[$Journal Entry$],[$Date$,$Accounts,Debit,Credit$],[,18,,],[,,,],[",,,],[,,,]]$