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am Review Seved Help Save & Exit Submit Molding Department Finishing Department 2,800 5,000 $ 33, 340 11,180 $ 125,000 15,000 6,000 Beginning Inventories (on April 1): Physical units in production carried forward from March 31 Costs Transferred Molding costs carried forward from March 31 Direct materials costs carried forward from March 31 Conversion costs carried forward from March 31 Current Production (in April) Units started during April Units in ending inventories as of April 30 Costs: Molding costs transferred to Finishing during April Direct materials costs incurred in April Conversion costs incurred in April Percentage of Completion: Inventories with respect to direct materials on April 1 Inventories with respect to conversion on April 1 Inventories with respect to direct materials on April 30 Inventories with respect to conversion on April 30 48,200 3,400 2,000 $ 669,200 521,840 $ 496,000 147,600 305 908 30 808 40 258 Required: a. Complete the following requirements for the Molding Department. 1. Prepare a schedule showing units started and completed in the Molding Department during April 2. Compute the equivalent units of direct materials and conversion for the Molding Department in April 3. Determine the cost per equivalent unit of input resource for the Molding Department during April 4. Prepare the summary journal entry required to transfer units from the Molding Department to the Finishing Department during April 5. Compute the costs assigned to ending inventory in the Molding Department on April 30. b. Complete the following requirements for the Finishing Department. 1. Prepare a schedule showing units started and completed in the Finishing Department during April 2. compute the equivalent units of direct materials and conversion for the Finishing Department in April. Direct materiais ciude om those transferred in from the Molding Department and those added by the Finishing Department. 3. Determine the cost per equivalent unit of input resource for the Finishing Department during April. 4. Prepare the summary journal entry required to transfer units from the Finishing Department to Finished Goods Inventory during April. 5. Compute the costs assigned to ending inventory in the Finishing Department on April 30. 3. Determine the cost per equivalent unit of input resource for the Finishing Department during April 4. Prepare the summary journal entry required to transfer units from the Finishing Department to Finished Goods Inventory April 5. Compute the costs assigned to ending inventory in the Finishing Department on April 30. Complete this question by entering your answers in the tabs below. Req A1 Req AZ Req A3 Req M Req AS Req B1 Req B2 Reg B3 Red B4 Reg 5 Prepare a schedule showing units started and completed in the Molding Department during April. (Amounts to be deducted should be indicated with a minus sign.) Flow of physical units: Molding Department Units in process during April Units transferred to finishing department in April Units started and completed in April Reg A2 > use distered in from the Molding Department and those added by the Finishing Department, 3. Determine the cost per equivalent unit of input resource for the Finishing Department during April 4. Prepare the summary journal entry required to transfer units from the Finishing Department to Finished April. 5. Compute the costs assigned to ending inventory in the Finishing Department on April 30. Complete this question by entering your answers in the tabs below. Req A1 Req AZ Req A3 Req A4 Req A5 Req B1 Req B2 Req B3 Req B4 Determine the cost per equivalent unit of input resource for the Molding Department during April Cost per Equivalent Unit Direct materials Conversion Rogad > Prey 5 of 15 Next > Req Al Reg A2 Req A3 Req A4 Reg A5 Req B1 Req B2 Req B3 Req 54 Req B5 Prepare the summary journal entry required to transfer units from the Molding Department to the Finishing Department during April no entry is required for a transaction/event, select "No journal entry reguired in the first account field... View transaction list Journal entry worksheet Record the transfer of units to the Finishing Department in April. Note: Enter debits before credits Debit General Journal Transaction Credit Clear entry View general journal Record entry b. Complete the following requirements for the Finishing Department. 1. Prepare a schedule showing units started and completed in the Finishing Department during April 2. Compute the equivalent units of direct materials and conversion for the Finishing Department in April. Direct those transferred in from the Molding Department and those added by the Finishing Department. 3. Determine the cost per equivalent unit of input resource for the Finishing Department during April 4. Prepare the summary journal entry required to transfer units from the Finishing Department to Finished Good April. 5. Compute the costs assigned to ending inventory in the Finishing Department on April 30. Complete this question by entering your answers in the tabs below. Req A1 Req A2 Req A3 Req A4 Req A5 Req B1 Req B2 Req B3 Req B4 Compute the costs assigned to ending inventory in the Molding Department on April 30. Ending inventory April. eyulle w allster Units from the Finishing Department to Finished 5. Compute the costs assigned to ending inventory in the Finishing Department on April 30. Complete this question by entering your answers in the tabs below. Req A1 Reg A2 Req A3 Reg A4 Req A5 Req B1 Req B2 Req B3 Req B4 Prepare a schedule showing units started and completed in the Finishing Department during April Flow of physical units: Finishing Department Units in process during April Units transferred to finishing department. in April Units started and completed in April Prey 5 of 15 Next > Julle ennuyeyune tanister units from the Finishing Department to Finished Goods Inventory d April. 5. Compute the costs assigned to ending inventory in the Finishing Department on April 30. Complete this question by entering your answers in the tabs below. Req A1 Reg A2 Req A3 Reg A4 Req A5 Req B1 Req B2 Req B3 Req B4 Req B5 Compute the equivalent units of direct materials and conversion for the Finishing Department in April. Direct materials include both those transferred in from the Molding Department and those added by the Finishing Department. Equivalent Units Molding materials Direct materials Conversion 3. Determine the cost per equivalent unit of input resource for the Finishing Department during April. 4. Prepare the summary journal entry required to transfer units from the Finishing Department to Finished Goods Inventory du April. 5. Compute the costs assigned to ending inventory in the Finishing Department on April 30, Complete this question by entering your answers in the tabs below. Reg A1 Req AZ Req A3 Req A4 Req A5 Req B1 Req B2 Reb B3 Req B4 Req B5 Determine the cost per equivalent unit of input resource for the Finishing Department during April. (Round your answers to the nearest whole dollar.) Cost per Equivalent Unit Molding materials Direct materials Conversion View transaction list Journal entry worksheet Record the transfer of units to the Finished Goods Inventory in April. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal 4. Prepare the summary journal entry required to transfer units from the Finishing Department to April. 5. Compute the costs assigned to ending inventory in the Finishing Department on April 30. Complete this question by entering your answers in the tabs below. Req A1 Req A2 Req A3 Req A4 Reg A5 Req B1 Req B2 Req B3 | Compute the costs assigned to ending inventory in the Finishing Department on April 30. Costs assigned

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