Blossom Company has two sequential processing departments: Assembly and Shaping. The Shaping Department reports the...
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Accounting
Blossom Company has two sequential processing departments: Assembly and Shaping. The Shaping Department reports the following information. Conversion costs are applied evenly throughout the process. Beginning WIP Inventory units Direct materials costs in beginning WIP Inventory $ Conversion costs in beginning WIP Inventory $ Units started units Units completed X Units Costs added: materials $ Costs added: conversion $ Ending WIP Inventory units complete for materials and complete for conversion Don't include $ or in your answers, round Cost per equivalent Unit to decimalpoints round all othernumbers to the nearest dollar. Calculate the Equivalent Units ofProductionfor Direct Materials and Conversion Costs Direct Materials: Conversion Costs Calculate the Total Costs to be accounted for Direct Materials and Conversion Costs Direct Materials: Conversion Costs Calculate the Cost per Equivalent Unit for Direct Materials and Conversion Direct Materials: Conversion Costs Determine the Costs to be allocated to Completed Units and Ending WorkinProcess Completed Ending WorkinProcess
Blossom Company has two sequential processing departments: Assembly and Shaping. The Shaping Department reports the following information. Conversion costs are applied evenly throughout the process.
Beginning WIP Inventory
units
Direct materials costs in beginning WIP Inventory
$
Conversion costs in beginning WIP Inventory
$
Units started
units
Units completed
X Units
Costs added: materials
$
Costs added: conversion
$
Ending WIP Inventory
units
complete for materials and complete for conversion
Don't include $ or in your answers, round Cost per equivalent Unit to decimalpoints round all othernumbers to the nearest dollar.
Calculate the Equivalent Units ofProductionfor Direct Materials and Conversion Costs
Direct Materials:
Conversion Costs
Calculate the Total Costs to be accounted for Direct Materials and Conversion Costs
Direct Materials:
Conversion Costs
Calculate the Cost per Equivalent Unit for Direct Materials and Conversion
Direct Materials:
Conversion Costs
Determine the Costs to be allocated to Completed Units and Ending WorkinProcess
Completed
Ending WorkinProcess
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