Samson Winery in Pleasant Valloy, New York, has two departments: Formenting and Packaging. Direct materials...
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Samson Winery in Pleasant Valloy, New York, has two departments: Formenting and Packaging. Direct materials are added at the beginning of the fermenting process (grapes) and at the end of the packaging process (bottles). Conversion costs are added evenly throughout each process. The company uses the weighted-average method. Data from the month of March for the Fermenting Department are as follows: View the data from March. Read the reguirements. Requirement 2. Compute the total costs of the units (gallons) (a) completed and transforred out to the Packaging Department, and (b) in the Fermenting Department ending Work-in-Process Inventory. Complete the Production Cost Report that you began in Requirement 1 by calculating the costs per equivalent unit in this step, and then by calculating the the total cost of units completed and transferred out and of units in ending inventory in the following step. (Round the cost per equivalent unit amounts to the nearest cent and all other amounts to the nearest dollar. Abbreviation used: EUP = equivalent units of production.) Samson Winery Production Cost Report - Fermenting Department (Partial) Month Ended March 31 costs \begin{tabular}{ccc} Direct & Conversion & Total \\ Materials & Costs & Costs \\ \hline \end{tabular} Costs to account for: Samson Winery in Pleasant Valloy, New York, has two departments: Formenting and Packaging. Direct materials are added at the beginning of the fermenting process (grapes) and at the end of the packaging process (bottles). Conversion costs are added evenly throughout each process. The company uses the weighted-average method. Data from the month of March for the Fermenting Department are as follows: View the data from March. Read the reguirements. Requirement 2. Compute the total costs of the units (gallons) (a) completed and transforred out to the Packaging Department, and (b) in the Fermenting Department ending Work-in-Process Inventory. Complete the Production Cost Report that you began in Requirement 1 by calculating the costs per equivalent unit in this step, and then by calculating the the total cost of units completed and transferred out and of units in ending inventory in the following step. (Round the cost per equivalent unit amounts to the nearest cent and all other amounts to the nearest dollar. Abbreviation used: EUP = equivalent units of production.) Samson Winery Production Cost Report - Fermenting Department (Partial) Month Ended March 31 costs \begin{tabular}{ccc} Direct & Conversion & Total \\ Materials & Costs & Costs \\ \hline \end{tabular} Costs to account for
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