need help solving 3 e) and 4a) using the following info

3e) and 4 a)below

extra info if needed to solve 4a) below as well as the t account the journal entry needs to be posted to determine the ending balance for WIP bottling

a) Step 1 part 1: Account for physical units. Complete the tables below using #****#NUMBER ##### of units, NOT dollars!!!!!! Physical units for BOTTLING Units in Bottling June 1 44.000 Units completed and transferred out during June 272,500 Units transferred in from Blending during June Units in Bottling June 30 12801500 52,000 Units to account for" 324/ 500 Units "accounted for B2.500 Note: the 3 row should be the first 2 rows added together. The units "to account for" should equal the units "accounted for" b) Step 1 part 2: Determine equivalent units. This is #####NUMBER#### of units, NOT dollars!!! For each of the 4 cost categories for Bottling Department, complete the table below to determine the equivalent units. Hint: All units "completed and transferred to Finished Goods" and units in ending WIP-Bottling inventory" are 100% complete with respect to transferred in" costs (costs from Blending department) and bottle costs. Equivalent Units (ACCOUNTED FOR) Transferred in Other Materials (Blending costs) Bottles 52,000 52.000 33.800 Conversion 26/000 Equivalent units in ending WIP- Bottling inventory Equivalent units completed and transferred to Finished Goods" 272/500 272.500 272/500 272500 Total Equivalent units accounted for 324,500 3a4/500 306,300 298,500 Note: The 3d row should be the first two rows added together. The 3rd row for "Other" and Conversion WILL NOT equal the other columns in this table, nor will they equal the 3 row in the table for step 1 in a) above. c) Step 2 part 1: Make sure you complete the table Determine Costs to account for. These are SSSSDOLLARSSSSS not number of units. Costs "to account for" is the sum of the beginning WIP-Bottling balance plus the costs that would have been added/assigned to the WIP-Bottling department during June. This information is summarized in the table above. Complete the table below using the information provided above. Bottling Department: Summary of Costs to be accounted for WIP- Bottling Costs Added Total Costs to be Cost Category beginning during June accounted for Transferred in from Blending $ 55,000 34 160 from lb iv 369,160 Cost of Bottles 111,000 70,00 from 2bi 812/250 Other Material Costs 18,000 102/650 &from 2bit 12D/ 650 Conversion Costs 80,500 3740340 from 2c 14541840 Total $ 264,500 1,492.40 10756.400 Wote: The costs "transferred IN" that were transferred into Bottling once "completed and transferred OUT" of the Blending department. d) Step 2 part 2: Calculate cost per equivalent unit. Answers will be SSSDOLLARSSS per ###WNUMBER### of units. Use the totals in b) and c) above to calculate the Cost per equivalent unit for each cost category. Use 4 decimal places to minimize rounding differences. Cost per Equivalent Unit Other Material Conversion 4547840 120.650 Total Costs to be accounted for 3(e) Equivalent units 3(b) Cost Per Equivalent Unit Transferred in 369,160 3247500 1.1376 Bottle Costs 812,250 324,500 12.5031 30% 300 0,3939 1.5238 e) Step 3: Allocate costs to units. Multiply the Cost per Equivalent for each cost category in step 4 time the equivalent units for "completed and transferred to Finished Goods" and "ending Inventory" to complete the table below. ROUND YOUR ANSWERS TO NEAREST WHOLE DOLLARS. Add the cost categories together across to the Total Column. Total cach column to the bottom row "costs accounted for. The total in the bottom right box should be the total of the numbers above it AND the total of the numbers to its left. (It may be off a few dollars for rounding). Your answer represents SSSSDOLLARSSSSSS not units. Round your answers to the nearest whole dollar Costs accounted for in dollars Other Material Costs Total Transferred in Bottles Conversion VIP -Ending balance Costs of goods completed and transferred out Total Costs ccounted for e: The total "costs accounted for in the bottom row should equal (off a few Ss for rounding) the els "costs to account for in the bottom row of the table in step 3 Sale of Finished Goods: Accounting for the analysis. As units are completed in the Bottling department, they are moved to Finished Goods Inventory where they are ready to be sold. The analysis above determines the dollar value of those completed units. a) Write the journal entry to move these costs from WIP-Bottling Inventory account to Finished Goods Inventory account. Post the JE to the WIP-Bottling and Finished Goods T-accounts attached at the end of the project. Determine the ending balance for WIP-Bottling account. Balance should equal first row from table in 3e. estion from HW3: (Ch 5 & 14) for Sunspot Beverages to complete the requirements for the project. Remember that Sunspot Beverages., Lid of Fiji makes blended tropical fruit drinks in TWO stages (using TWO departments and TWO Work-in-Process inventory accounts) Fruit juices are extracted from fresh fruits and blended in the BLENDING Department. Once the product leaves the Blending Department, costs are transferred out of WIP-Blending and into WIP-Bottling. The Blending Department was analyzed in Question 7 of HW3 on CONNECT. Highlighted amounts provided as check figures. Use these Inventory T-accounts for Sunspot Beverages month of June as directed in the requirements below. WIP-Blending WIP-Bottling Bulb/1 $25.000 |8314, 160 WIP WAP Burling Material $205,300 Bixho 314.160 Labor $561151 overlead $68.629 Pixel 630 6407420 Finished Goods Inventory Bal 6/1 -0- Raw Material Inventory Bal 6/1 120,000 Ja05300 WIP Purchase $183,300 Blady Bal 6/30 98,000 Bal 6/30 -0- 1) Accounting for first department: For the BLENDING Department: a) Use the information given" in CONNECT and include the June beginning account balance for WIP-Blending in the T account above. b) Use the "given information and your "results from CONNECT to write the journal entries for the following transactions as the relate to the account WP-Blending during June. i) Direct Material requested and added to the Blending department during June. WIP Bleiding DR CR Raw Material inventory 205,00 205,300 ii) Assume 45% of the Conversion costs are direct labor. Write the journal entry to record the wages for June in the Blending Department DR $56.151 WIP blendry Factory Payral/ wages pudle (R56151 iii) Write the journal entry to record the overhead applied to the Blending Department for June Remember - Conversion costs are direct labor and overhead $681624 WIR Blodry CR $68.629 Muutacturing overnand iv) Write the journal entry to record the costs for the items completed and transferred out of Blending Department and moved/added to Bottling Department. This JE should DECREASE WIP-Blending account and INCREASE WIP-Bottling account. The dollar amount of this JE should be your answer in the 2 to last row in the table of requirements on CONNECT WIP Botthy DR 83141160 WIP-Bledy R$ 314168 c) Post the journal entries from b) above to the T-accounts above. Determine the ending balance for WIP-Blending. The ending balance should equal the dollar value in the top row of requirement 3 in your CONNECT problem. Check that it does. Information for Second Department: The requirements below relate to June activity in the SECOND department, (BOTTLING Department, the department AFTER Blending that was analyzed on CONNECT). In the Bottling department, the juice is portioned into bottles and packaged into cartons for shipping. The Bottling department uses Direct Material (the bottles) at the beginning of the process, while other materials and conversion costs are added evenly throughout rest of the process. Hint: You can treat the bottles as a separate cost category from the other material. The Bottling department will have a total of 4 cost categories: Bottles, Other Material, Conversion and "Blending or Transferred in costs. The items in beginning Work-in-Process - Bottling Department included $55,000 of Transferred In costs, S111,000 of Bottle Costs, $18,000 of Other Material Costs and $80,500 of conversion costs. The transferred in costs are costs that were incurred during the Blending Process before items were brought to Bottling. These items are complete with respect to the Blending process BUT NOT complete with respect to bottling process. You will now analyze the Bottling Department activity for the month of June. The following information pertains to the operations of the Bottling Department for the month of June. Percent Complete for Bottling Department units Other Material 44,000 50% Conversion 40% 50% Work in process, beginning Work in process, ending 52,000 65%