Data Table Shea Winery in Pleasant Valley, New York, has two departments: Fermen

Question

Data Table Shea Winery in Pleasant Valley, New York, has two departments: Fermenting and Packaging. Direct material are added evenly throughout each process. The compary uses the weighted-average method. Data from the Click the lcon to view the data from March) Gallons Read the requirements Hequirement z compune the total costs or the unts (gaions)(a) compieted and transnerea out to the Packi Beginning Work-in-Process Inventory Started in production Completed and transferred out to Packaging in March Ending work-in-Process Inventory (80% of the way through the fermenting process) 500 gallons 8,600 galions 7.900 gallons 1,200 gallons Complete the Production Cost Report that you began in Requirement 1 by calculating the costs per equivale the folowing step. (Round cost per 0quivalent uit amounts to the nearest cert and al other amounts to Shea Winery Production Cost Report-Fermenting Department (Partial Month Ended March 31 Costs Beginning Work-in-Process Inventory Direct Conversion Total Direct materials Direct labor Manufacturing overhead alocated $ 540 195 210 COSTS MaterialsCosts Costs Costs to account for Costs added during March Direct materials Direct labor Manufacturing overhead allocated 9,288 3.305 3,378 $ 15,971 Cost per equivalent unit Totl costs added during March Choose from any list or enter any number in the input fields and then click Check Answer

Explanation / Answer

Material Conversion Total Cost to account for: Cost of Beginning Inventory 540 405 945 Cost added during the year 9288 6683 15971 Total cost to accounnt for 9828 7088 16916 Divide: Equivalent units 9100 8860 Cost per Equivalent unit 1.08 0.8

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