The Blending Department for KanMont Paints started October with 800 gallons in process and started in production 9,300 gallons. During the month, 6,800 gallons were completed and transferred to the next department. Ending work-in-process was 3,300 gallons (100% complete with respect to direct materials and 40% complete for conversion costs). The department uses the weighted-average method. The Blending Department incurred the following costs:
(Click the icon to view the costs.)
Prepare a production cost report for the Blending Department for the month of October. (Enter cost per equivalent units to the nearest cent. Abbreviations: EUP = Equivalent Units of Production.)
The Blending Department for KanMont Paints started October with 800 gallons in process and started in production 9,300 gallons. During the month, 6,800 gallons were completed and transferred to the next department. Ending work-in-process was 3,300 gallons (100% complete with respect to direct materials and
(Click the icon to view the costs.)
Prepare a production cost report for the Blending Department for the month of October. (Enter cost per equivalent units to the nearest cent. Abbreviations: EUP = Equivalent Units of Production.)
Data table
Month Ended October 3
Equivalent Units
Physical
Direct
Conversion
Beginning WIP-Direct material costs
$722
UNITS
Units
Materials
Costs
Beginning WIP-Conversion costs
1,478
Units to account for:
Direct materials added during the month
5,540 3,800
Beginning work-in-process
800
Conversion costs added during the month
Started in production
9,300
Total
$11,540
Total units to account for
10,100
Units accounted for:
6,800 3,300
6,800 3,300
6,800 1,320
Print
Done
Completed and transferred out
Ending work-in-process
Total units accounted for
10,100
10,100
8,120
Direct
Conversion Costs
Total Costs
COSTS
Materials
Costs to account for:
Beginning work-in-process
$722 $5,540
1,478 $3,800
2,200 $9,340
Costs added during the period
$6,262 $10,100
5,278 $8,120
11,540
Total costs to account for
Divided by: Total EUP
$0.62 $0.65
Cost per equivalent unit
Costs accounted for:
Completed and transferred out
Ending work-in-process
Total costs accounted for
11,540
