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Sunspot Beverages Limited, of Fiji uses the weighted average method in its process costing system. It makes blended trop

Posted: Thu May 19, 2022 3:38 pm
by answerhappygod
Sunspot Beverages Limited Of Fiji Uses The Weighted Average Method In Its Process Costing System It Makes Blended Trop 1
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Sunspot Beverages Limited, of Fiji uses the weighted average method in its process costing system. It makes blended tropical fruit drinks in two stages. Fruit juices are extracted from fresh fruits and then blended in the Blending Department. The blended juices are then bottled and packed for shipping in the Bottling Department. The following information pertains to the operations of the Blending Department for June Percent Completed Materials Conversion 70% 4ex Work in process, beginning Started into production Completed and transferred out Work in process, ending Units 50, ะตะตะต 299,000 289,000 68,000 75% 25% Work in process, beginning Cost added during June Materials $ 20,eee $ 214,600 Conversion $ 6,200 $ 131,500 Required: 1. Calculate the Blending Department's equivalent units of production for materials and conversion in June. 2 Calculate the end Department's cost per equivalent unit for materials and conversion in June 3. Calculate the Blending Department's cost of ending work in process inventory for materials, conversion, and in total for June 4. Calculate the Blending Department's cost of units transferred out to the Bottling Department for materials, conversion, and in total for June
Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Calculate the Blending Department's equivalent units of production for materials and conversion in June. Materials Conversion Equivalent units of production Recured Required 2 >
Blending Department je Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Calculate the Blending Department's cost per equivalent unit for materials and conversion in June. (Round your answers to 2 decimal places.) Materials Conversion Cost per equivalent unit < Required 1 Required 3 >
June Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Calculate the Blending Department's cost of ending work in process inventory for materials, conversion, and in total forume (Round your intermediate calculations to 2 decimal places.) Materials Conversion Total Cost of ending work in process inventory < Required 2 Required 4 > BE
Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Calculate the Blending Department's cost of units transferred out to the Bottling Department for materials, conversion, am total for June. (Round your intermediate calculations to 2 decimal places.) Materials Conversion Total Cost of units completed and transferred out < Required 3 Required 5 >
Required 4 Required 5 Prepare a cost reconciliation report for the Blending Department for June. (Round your intermediate calculations to 2 de places.) Blending Department Cost Reconciliation Costs to be accounted for Total cost to be accounted for Costcounted for as follows: