Nonuniform Inputs, Transferred-In Cost Drysdale Dairy produces avariety of dairy products. In Department 12,...

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Accounting

Nonuniform Inputs, Transferred-In Cost Drysdale Dairy produces avariety of dairy products. In Department 12, cream (transferred infrom Department 6) and other materials (sugar and flavorings) aremixed at the beginning of the process and churned to make icecream. The following data are for Department 12 for August:Production: Units in process, August 1, 25% complete* 40,000 Unitscompleted and transferred out 120,000 Units in process, August 31,60% complete* 30,000 *With respect to conversion costs. 1. Preparea physical flow schedule for the month. Drysdale Dairy PhysicalFlow Schedule For the Month of August Units to account for: Unitsin beginning work in process Units started Total units to accountfor Units accounted for: Units transferred out Units in ending workin process Total units accounted for 2. Using the weighted averagemethod, calculate equivalent units for the following categories:transferred-in, materials, and conversion. Transferred-Inequivalent units Materials equivalent units Conversion equivalentunits
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UNITS TO ACCOUNT FOR Units in beginning work in process 40000 Units started 110000 Total units to account for 150000 Equivalent units UNITS ACCOUNTED FOR Transferred in Materials Conversion Units transferred out 120000 See Answer

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In: AccountingNonuniform Inputs, Transferred-In Cost Drysdale Dairy produces avariety of dairy products. In Department 12, cream...Nonuniform Inputs, Transferred-In Cost Drysdale Dairy produces avariety of dairy products. In Department 12, cream (transferred infrom Department 6) and other materials (sugar and flavorings) aremixed at the beginning of the process and churned to make icecream. The following data are for Department 12 for August:Production: Units in process, August 1, 25% complete* 40,000 Unitscompleted and transferred out 120,000 Units in process, August 31,60% complete* 30,000 *With respect to conversion costs. 1. Preparea physical flow schedule for the month. Drysdale Dairy PhysicalFlow Schedule For the Month of August Units to account for: Unitsin beginning work in process Units started Total units to accountfor Units accounted for: Units transferred out Units in ending workin process Total units accounted for 2. Using the weighted averagemethod, calculate equivalent units for the following categories:transferred-in, materials, and conversion. Transferred-Inequivalent units Materials equivalent units Conversion equivalentunitsPlease show work, saw a post but work was not showing.