Sherri Springs is a producer of flavored water. Below is the data for its production in April. Description Amount Subcategory,Work in process inventory, April 1, has 2,870 (units' equal cases): Direct Materials 12,990 Direct labor 5,910 Manufacturing overhead (1,520 machine-hours at $6 per machine-hours) 9,120Single line   Single line28,020Double line   Subcategory, Units started in April 8,980   Subcategory,Costs incurred in April: Direct Materials 36,150 Direct labor 55,880 Manufacturing overhead applied (13,400 machine-hours) 80,400   The ending inventory consisted of 4,690 units. These units were: 100% complete as to materials, 60% complete as to conversion. Complete a production report using the weighted average method. (Round your answers to two decimal places when needed and use rounded answers for all future calculations).

Principles of Accounting Volume 2
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ISBN:9781947172609
Author:OpenStax
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Chapter5: Process Costing
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Problem 15MC: Which of the following is the step in which materials, labor, and overhead are detailed? A....
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Sherri Springs is a producer of flavored water. Below is the data for its production in April.

Description Amount
Subcategory,Work in process inventory, April 1, has 2,870 (units' equal cases):
Direct Materials 12,990
Direct labor 5,910
Manufacturing overhead (1,520 machine-hours at $6 per machine-hours) 9,120Single line
  Single line28,020Double line
 
Subcategory,
Units started in April 8,980
 
Subcategory,Costs incurred in April:
Direct Materials 36,150
Direct labor 55,880
Manufacturing overhead applied (13,400 machine-hours) 80,400

 

The ending inventory consisted of 4,690 units. These units were: 100% complete as to materials, 60% complete as to conversion.

Complete a production report using the weighted average method.

(Round your answers to two decimal places when needed and use rounded answers for all future calculations).

 

UNITS
Units to account for:
Beginning work-in-
process
Started in
production
Total units to
account for
Units accounted for:
Completed and
transferred out
Ending work-in-
process
Total units
accounted for
COSTS
Costs to
account for:
Beginning
work-in-
process
Costs added
during period
Total costs
to account
for
Divided by:
Total EUP
Cost per
equivalent
unit
Costs
accounted
for:
Completed
and
transferred
out
Ending work-
in-process
Total costs
accounted
for
Transferred
In
Submit All Parts
Sherri Springs
Whole Units
Transferred
In
n/a
n/a
n/a
Sherri Springs
Direct
Materials
T
Equivalent Units
Direct
Material
Conversion
Costs
Conversion
Costs
Total Costs
Transcribed Image Text:UNITS Units to account for: Beginning work-in- process Started in production Total units to account for Units accounted for: Completed and transferred out Ending work-in- process Total units accounted for COSTS Costs to account for: Beginning work-in- process Costs added during period Total costs to account for Divided by: Total EUP Cost per equivalent unit Costs accounted for: Completed and transferred out Ending work- in-process Total costs accounted for Transferred In Submit All Parts Sherri Springs Whole Units Transferred In n/a n/a n/a Sherri Springs Direct Materials T Equivalent Units Direct Material Conversion Costs Conversion Costs Total Costs
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