Complete this question by entering your answers in the tabs below. Compute the Drying Department's cost of units transferred out to the Finishing Department for pulping, conversion, and in total. Note: Round your intermediate calculations to 2 decimal places. Complete this question by entering your answers in the tabs below. Compute the Drying Department's equivalent units of production for pulping and conversion. Complete this question by entering your answers in the tabs below. Compute the first production department's cost of the units transferred to the next production department for materials, conversion, and in total. Note: Round your intermediate calculations to 2 decimal places. Helix Corporation uses the weighted-average method of process costing. It produces prefabricated flooring in a series of steps carried out in production departments. All of the material 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: Required: For May: 1. Calculate the first production department's equivalent units of production for materials and conversion. 2. Compute the first production department's cost per equivalent unit for materials and conversion. 3. Compute the first production department's cost of ending work in process inventory for materials, conversion, and in total. 4. Compute the first production department's cost of the units transferred to the next production department for materials, conversion, and in total. Scribners Corporation produces fine papers in three production departments-Pulping, Drying, and Finishing. In the Pulping Department, raw materials such as wood fiber and rag cotton are mechanically and chemically treated to separate their fibers. The result is a thick slurry of fibers. In the Drying Department, the wet fibers transferred from the Pulping Department are laid down on porous webs, pressed to remove excess liquid, and dried in ovens. In the Finishing Department, the dried paper is coated, cut, and spooled onto reels. The company uses the weighted-average method in its process costing system. Data for March for the Drying Department follow: No materials are added in the Drying Department. Pulping cost represents the costs of the wet fibers transferred in from the Pulping Department. Wet fiber is processed in the Drying Department in batches; each unit in the above table is a batch and one batch of wet fibers produces a set amount of dried paper that is passed on to the Finishing Department. Required: For March: 1. Compute the Drying Department's equivalent units of production for pulping and conversion. 2. Compute the Drying Department's cost per equivalent unit for pulping and conversion. 3. Compute the Drying Department's cost of ending work in process inventory for pulping, conversion, and in total. 4. Compute the Drying Department's cost of units transferred out to the Finishing Department for pulping, conversion, and in total. 5. Prepare a cost reconciliation report for the Drying Department. Complete this question by entering your answers in the tabs below. Compute the cost of the units transferred to the next department for materials, labor, overhead, and in total. Complete this question by entering your answers in the tabs below. Prepare a cost reconciliation report for the Drying Department. Note: Round your intermediate calculations to 2 decimal places. Complete this question by entering your answers in the tabs below. Compute the Drying Department's cost of ending work in process inventory for pulping, conver Note: Round your intermediate calculations to 2 decimal places. Complete this question by entering your answers in the tabs below. Compute the cost of ending work in process inventory for materials, labor, overhead, and in total. Alaskan Fisheries, Incorporated, processes salmon for various distributors and uses the weighted-average method of process costing. The company has two processing departments-Cleaning and Packing. Data relating to pounds of salmon processed in the Cleaning Department during July are presented below: A total of 490,000 pounds of salmon were started into processing during July. All materials are added at the beginning of processing in the Cleaning Department. Required: Compute the Cleaning Department's equivalent units of production for materials and labor and overhead in the month of July. Superior Micro Products uses the weighted-average method of process costing. During January, the Assembly Department completed its processing of 25,400 units and transferred them to the next department. The cost of beginning work in process inventory and the costs added during January totaled $646,100. The ending work in process inventory in January consisted of 3,200 units, which were 60% complete for materials and 40% complete for labor and overhead. The costs per equivalent unit for the month were as follows: Required: For January: 1. Compute the equivalent units of materials, labor, and overhead in the ending work in process inventory. 2. Compute the cost of ending work in process inventory for materials, labor, overhead, and in total. 3. Compute the cost of the units transferred to the next department for materials, labor, overhead, and in total. 4. Prepare a cost reconciliation report. Complete this question by entering your answers in the tabs below. Calculate the first production department's equivalent units of production for materials and conversion. Complete this question by entering your answers in the tabs below. Compute the equivalent units of materials, labor, and overhead in the ending work in process inventory. Complete this question by entering your answers in the tabs below. Compute the first production department's cost per equivalent unit for materials and conversion. Note: Round your answers to 2 decimal places. Complete this question by entering your answers in the tabs below. Prepare a cost reconciliation report. Note: You will not be able to break the cost to be accounted for into the cost of beginning work in process inventory and costs added during the month. Pureform, Incorporated, uses the weighted-average method of process costing. It manufactures a product passing through two departments. Data for a recent month for the first department follow: The beginning work in process inventory was 70% complete for materials and 55% complete for labor and overhead. The ending wc in process inventory was 50% complete for materials and 30% complete for labor and overhead. Required: 1. Compute the first department's equivalent units of production for materials, labor, and overhead for the month. 2. Determine the first department's cost per equivalent unit for materials, labor, and overhead for the month. Note: Round your answers to 2 decimal places. Complete this question by entering your answers in the tabs below. Compute the first production department's cost of ending work in process inventory for materials, conversion, and in total. Note: Round your intermediate calculations to 2 decimal places
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