Pubmit Test Polar Springs produces premium bottled water Polar Springs Ac Polar
ID: 2342532 • Letter: P
Question
Pubmit Test Polar Springs produces premium bottled water Polar Springs Ac Polar Springs, water is added at the beginning of the Sitration p purchues atesion wote, stoes the wter in lge tans, and then urs te water trough two processes thration and boting ed out of Sie Ftration Dep tment into the Boing Department. The 120,000 smaining in the heough the fitration process. Polar Springs has no beginning inventories During May, the fitration process incurs the following costs in processing 250,000 litrs III (Click the icon to view the costs) Rad thesummt 2. Complete the first thwo steps of the process costing procedure for the Filtration Department summarize the physical lows of units and hen compute the equivalent units of direct materials and conversion costs. (For entries with a 0 balance, make sure to enter U' in the appropnate cel Polar Springs Filtration Department Flow of Physical Units and Computation of Equivalent Unts Data Table Flow of PhysicalDet Conversion Equivalent Units Materials Costs Wages of workers operating the fitration equipment 3 10.900 Flow of Production Units Wages of workars operaing oconation equipment..12.750 S 24,000 $ 100.000 Units to account for Manufacturing ovehead allocated to Etration Berinning work in process May Plus Total physical units to aocount for Print Done Units accounted for and transfermed out Choose from any ist or enter any number in the input feids and then contnue to the next question ti, e@Ne. searchExplanation / Answer
Solution:
Polar Springs Filtration Department Flow of Physical units and computation of Equivalent units Flow of Production Flow of physical units Direct Material Conversion Units to account for: Beginning WIP, May 1 0 Add: Unit started into production 250000 Total physical units to account for 250000 Units Accounted for: Unit completed & Transferred out 130000 130000 130000 Ending WIP: 120000 Material (100%) 120000 Conversion (80%) 96000 Equivalent units of production 250000 250000 226000Related Questions
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