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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. Units 3,000 6,080 Work in process inventory, March 1 Work in process inventory, March 31 Pulping cost in work in process inventory, March 1 Conversion cost in work in process inventory, March 1 Units transferred to the next production department Pulping cost added during March Conversion cost added during March Percent Completed Pulping Conversion 100% Be 100% 75% $ 1,545 $ 1,020 156,980 $ 86,421 $ 60, 312 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: 1. Compute the Drying Department's equivalent units of production for pulping and conversion in March. 2. Compute the Drying Department's cost per equivalent unit for pulping and conversion in March. 3. Compute the Drying Department's cost of ending work in process inventory for pulping, conversion, and in total for March. 4. Compute the Drying Department's cost of units transferred out to the Finishing Department for pulping, conversion, and in total in March 5. Prepare a cost reconciliation report for the Drying Department for March. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Compute the Drying Department's equivalent units of production for pulping and conversion in March. Pulping Conversion Equivalent units of production sework spooled onto reels. The company uses the weighted average method in its process costing sys Department follow: Units 3,880 6,000 Work in process inventory, March 1 Work in process inventory, March 31 Pulping cost in work in process inventory, March 1 Conversion cost in work in process inventory, March 1 Units transferred to the next production department Pulping cost added during March Conversion cost added during March Percent COOL Pulpine co 1eex 1ees $ 1,545 $ 1,020 156,900 $ 86,421 $ 60,312 No materials are added in the Drying Department. Pulping cost represents the costs of the wet Department. Wet fiber is processed in the Drying Department in batches; each unit in the above fibers produces a set amount of dried paper that is passed on to the Finishing Department. Required: 1. Compute the Drying Department's equivalent units of production for pulping and conversioni 2. Compute the Drying Department's cost per equivalent unit for pulping and conversion in Mar 3. Compute the Drying Department's cost of ending work in process inventory for pulping, conv 4. Compute the Drying Department's cost of units transferred out to the Finishing Department fc March 5. Prepare a cost reconciliation report for the Drying Department for March Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Compute the Drying Department's cost per equivalent unit for pulping and conversion in March. (Ro decimal places. Pulping Conversion Cost per equivalent unit pooled onto reels. The company uses the weighted average method in its process costing syster Department follow: Units 3,000 6,080 Work in process inventory, March 1 Work in process inventory, March 31 Pulping cost in work in process inventory, March 1 Conversion cost in work in process inventory, March 1 Units transferred to the next production department Pulping cost added during March Conversion cost added during March Percent complet, Pulpine con 100% 100% $ 1,545 $1,020 156,900 $ 86,421 $ 60,312 No materials are added in the Drying Department. Pulping cost represents the costs of the wet fib Department. Wet fiber is processed in the Drying Department in batches; each unit in the above ta Fibers produces a set amount of dried paper that is passed on to the Finishing Department. Required: 1. Compute the Drying Department's equivalent units of production for pulping and conversion in 2. Compute the Drying Department's cost per equivalent unit for pulping and conversion in March 3. Compute the Drying Department's cost of ending work in process inventory for pulping, conver 4. Compute the Drying Department's cost of units transferred out to the Finishing Department for March 5. Prepare a cost reconciliation report for the Drying Department for March. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Compute the Drying Department's cost of ending work in process inventory for pulping, conversion, a (Round your intermediate calculations to 2 decimal places.) Pulping Conversion Total Cost of ending work in process inventory sk spooled onto reels. The company uses the weighted average method in its process costing syste Department follow: Units 3,000 6,000 Work in process inventory, March 1 Work in process inventory, March 31 Pulping cost in work in process inventory, March 1 Conversion cost in work in process inventory, March 1 Units transferred to the next production department Pulping cost added during March Conversion cost added during March Percent complet Pulping Con 188% 160x $ 1,545 $ 1,020 156,990 $ 86,421 $ 60,312 No materials are added in the Drying Department. Pulping cost represents the costs of the wet fil Department. Wet fiber is processed in the Drying Department in batches, each unit in the above fibers produces a set amount of dried paper that is passed on to the Finishing Department. Required: 1. Compute the Drying Department's equivalent units of production for pulping and conversion in 2 Compute the Drying Department's cost per equivalent unit for pulping and conversion in Marc 3. Compute the Drying Department's cost of ending work in process inventory for pulping, conve 4. Compute the Drying Department's cost of units transferred out to the Finishing Department for March. 5. Prepare a cost reconciliation report for the Drying Department for March Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Compute the Drying Department's cost of units transferred out to the Finishing Department for pulpi total in March. (Round your intermediate calculations to 2 decimal places.) Pulping Conversion Total Cost of units completed and transferred out fibers produces a set amount of dried paper that is passed on to the Finishing Depam Required: 1. Compute the Drying Department's equivalent units of production for pulping and 2. Compute the Drying Department's cost per equivalent unit for pulping and conver 3. Compute the Drying Department's cost of ending work in process inventory for pu 4. Compute the Drying Department's cost of units transferred out to the Finishing De March 5. Prepare a cost reconciliation report for the Drying Department for March Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Prepare a cost reconciliation report for the Drying Department for March. (Round your places.) Drying Department Cost Reconciliation Costs to be accounted for Total cost to be accounted for Costs accounted for as follows: Total cost accounted for

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