Question: this question is really confusing to me please help me out guys Paulson Dairy produces an organic butter that is sold by the pound. The





Paulson Dairy produces an organic butter that is sold by the pound. The production of the butter begins in the Churning Department. Data for the Churning Department for January follows: Click the icon to view the data from January.) Read the requirements Requirement 1. Prepare a production cost report for January for the Churning Department Prepare a production cost report for the Churning Department, one section at a time. (For entries with a $0 balance, make sure to enter "0" in the appropriate cell(s). Round cost per equivalent unit amounts to the nearest cent, SX XX.) 0 Requirements - X Jalent Units Conversion 1. Prepare a production cost report for January for the Churning Department. 2. How much did it cost to make one pound of butter in the Churning Department? 3. How much did it cost to make a partially completed pound of butter in the Churning Department? Does this make sense? Why or why not? Costs Print Done TO PORT Units accounted for: Choose from any list or enter any number in the input fields and then continue to the next question. Paulson Dairy produces an organic butter that is sold by the pound. The production of the butter begins in the Churning Dep Data for the Churning Department for January follows: (Click the icon to view the data from January) Data Table - make su 70,000 units 1,800,000 units 170,000 units Units in beginning Work in Process (WIP) inventory Units started during the month (all direct materials, including cream and salt, are added at the beginning of the churning process) Units in ending Work in Process (WIP) inventory (50% of the way through the process) Cost information is as follows: WIP - Churning Department balance as of January 1: Direct material cost included in beginning WIP balance Conversion cost included in beginning WIP balance Beginning balance, WIP, January 1 475,300 79,600 554,900 Manufacturing costs incurred during January: Direct materials used S 1,750,000 8,000 555,000 Direct labor $ 2,313,000 Manufacturing overhead Total manufacturing costs entered into production during January a O Bi e Paulson Dairy produces an organic butter that is sold by the pound. The production of the butter begins in the Churning Department Data for the Churning Department for January follows: Click the icon to view the data from January) Read the requirements Paulson Dairy Churning Department Month Ended January 31 Production Cost Report Flow of Equivalent Units Physical Direct Conversion Flow of Production Units Materials Costs Units to account for: Total physical units to account for Units accounted for: Total physical units accounted for Total equivalent units Choose from any list or enter any number in the input fields and then continue to the next question ? e O Alt 8 a ho Paulson Dairy produces an organic butter that is sold by the pound. The production of the butter begins in the Churning Department Data for the Churning Department for January follows: (Click the icon to view the data from January.) Read the requirements TULI LUSLS LO ACCOUNTL TUI anu Cost per cquivalent UNIC materials LUSS Total costs to account for Cost per equivalent unit Direct Conversion Materials Assignment of total costs: Completed and transferred out: Costs Total Costs assigned to units completed and transferred out Ending work in process: Choose from any list or enter any number in the input fields and then continue to the next question ? Paulson Dairy produces an organic butter that is sold by the pound. The production of the butter begins in the Churning Department Data for the Churning Department for January follows: Click the icon to view the data from January) Read the requirements Total costs accounted for Requirement 2. How much did it cost to make one pound of butter in the Churning Department? (Round all amounts to the nearest cent, SX XX.) Direct material cost Conversion cost Total cost Requirement 3. How much did it cost to make a partially completed pound of butter in the Churning Department? Does this make sense? Why or why not? How much did it cost to make a partially completed pound of butter in the Churning Department? (Round all amounts to the nearest cent, SXXX.) Direct material cost Conversion cost Total cost Does this make sense? Why or why not? because % of the have not yet been added Choose from any list or enter any number in the input fields and then continue to the next question. ? O a
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