The Converting Department of Comfy Touch Towel and Tissue Company had 560 units in work in process at the beginning of the period, which were 75% complete. During the period, 11,600 units were completed and transferred to the Packing Department. There were 640 units in process at the end of the period, which were 60% complete. Direct materials are placed into the process at the beginning of production. Determine the number of equivalent units of production with respect to direct materials and conversion costs. If an amount box does not require an entry, leave it blank. Inventory in process, beginning Started and completed Transferred to Packing Department Inventory in process, ending Total Whole Units fill in the blank 1 fill in the blank 4 fill in the blank 7 fill in the blank 10 fill in the blank 13 Direct Materials Equivalent Units fill in the blank 2 fill in the blank 5 fill in the blank 8 fill in the blank 11 Conversion Equivalent Units fill in the blank 3 fill in the blank 6 fill in the blank 9 fill in the blank 12 fill in the blank 14 fill in the blank 15

The Converting Department of Comfy Touch Towel and Tissue Company had 560 units in work in process at the beginning of the period, which were 75% complete. During the period, 11,600 units were completed and transferred to the Packing Department. There were 640 units in process at the end of the period, which were 60% complete. Direct materials are placed into the process at the beginning of production. Determine the number of equivalent units of production with respect to direct materials and conversion costs. If an amount box does not require an entry, leave it blank. Inventory in process, beginning Started and completed Transferred to Packing Department Inventory in process, ending Total Whole Units fill in the blank 1 fill in the blank 4 fill in the blank 7 fill in the blank 10 fill in the blank 13 Direct Materials Equivalent Units fill in the blank 2 fill in the blank 5 fill in the blank 8 fill in the blank 11 Conversion Equivalent Units fill in the blank 3 fill in the blank 6 fill in the blank 9 fill in the blank 12 fill in the blank 14 fill in the blank 15

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Description: Please do not give solution in image format thanku The Converting Department of Comfy Touch Towel and Tissue Company had 560 units in work in process at the beginning of theperiod, which were 75% complete. During the period, 11,600 units were complet

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter3: Process Cost Systems

Section: Chapter Questions

Problem 5E: The Converting Department of Worley Company had 2,400 units in work in process at the beginning of...

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The Converting Department of Tender Soft Tissue Company uses the weighted average method and had 1,900 units in work in process that were 60% complete at the beginning of the period. During the period, 15,800 units were completed and transferred to the Packing Department. There were 1,200 units in process that were 30% complete at the end of the period. a. Determine the number of whole units to be accounted for and to be assigned costs for the period. b. Determine the number of equivalent units of production for the period. Assume that direct materials are placed in process during production.
Heap Company manufactures a product that passes through two processes: Fabrication and Assembly. The following information was obtained for the Fabrication Department for September: a. All materials are added at the beginning of the process. b. Beginning work in process had 80,000 units, 30 percent complete with respect to conversion costs. c. Ending work in process had 17,000 units, 25 percent complete with respect to conversion costs. d. Started in process, 95,000 units. Required: 1. Prepare a physical flow schedule. 2. Compute equivalent units using the weighted average method. 3. Compute equivalent units using the FIFO method.
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Ardt-Barger has a beginning work in process inventory of 5.500 units and transferred in 25,000 units before ending the month with 3.000 u flits that were 100% complete with regard to materials and 80% complete with regard to conversion costs. The cost per unit of material is $5.45, and the cost per unit for conversion is $6.20 per unit, Using the weighted-average method, prepare the companys process cost summary for the month.
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