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1. Quality Brick Company produces bricks in two processing departmentsMolding and Firing. Information relating to the companys operations in March follows

1. Raw materials used in production: Molding Department, $29,200; and Firing Department, $4,300.
2. Direct labor costs incurred: Molding Department, $20,000; and Firing Department, $4,600.
3. Manufacturing overhead was applied: Molding Department, $22,700; and Firing Department, $36,600.
4. Unfired, molded bricks were transferred from the Molding Department to the Firing Department. According to the companys process costing system, the cost of the unfired, molded bricks was $66,800.
5. Finished bricks were transferred from the Firing Department to the finished goods warehouse. According to the companys process costing system, the cost of the finished bricks was $108,400.
6. Finished bricks were sold to customers. According to the companys process costing system, the cost of the finished bricks sold was $105,100 Required:

Prepare journal entries to record items (a) through (f) above. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

2.

Helix Corporation uses the weighted-average method in its process costing system. It produces prefabricated flooring in a series of steps carried out in production departments. All of the material that is used in the first production department is added at the beginning of processing in that department. Data for May for the first production department follow:

		Percent Complete
	Units	Materials			Conversion
Work in process inventory, May 1	61,000	100	%		40	%
Work in process inventory, May 31	41,000	100	%		25	%
Materials cost in work in process inventory, May 1				$	50,700
Conversion cost in work in process inventory, May 1				$	14,200
Units started into production					250,500
Units transferred to the next production department					270,500
Materials cost added during May				$	83,245
Conversion cost added during May				$	204,785

Required:

1. Calculate the first production department's equivalent units of production for materials and conversion for May.

2. Compute the first production department's cost per equivalent unit for materials and conversion for May.

3. Compute the first production department's cost of ending work in process inventory for materials, conversion, and in total for May.

4. Compute the first production department's cost of the units transferred to the next production department for materials, conversion, and in total for May.

3. Screenshot

Sunspot Beverages, Ltd., of Fiji uses the weighted-average method in its process costing system. It makes blended tropical truit 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 Units Materials Conversion Work in process, beginning Started into production Completed and transferred out Work in process, ending 40% 58,000 299,000 289,000 68,000 70% 75 25% Work in process, beginning Cost added during June Materials Conversion $ 20,0006,200 $214,600 131,500 Required 1. Calculate the Blending Department's equivalent units of production for materials and conversion in June 2. Calculate the Blending 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 5. Prepare a cost reconciliation report for the Blending Department for June

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