Question

Mountain Springs Water Company has two departments. Purifying and Bottling. The Bottling Department received 68,660 liters...

Mountain Springs Water Company has two departments. Purifying and Bottling. The Bottling Department received 68,660 liters from the Purifying Department. During the period, the Bottling Department completed 65,800 liters, including 2,820 liters of work in process at the beginning of the period. The ending work in process was 5,680 liters. How many liters were started and completed during the period? liters started and completed

Business   Accounting   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1
Working Notes: Given in Question:
CALCULATION OF THE NUMBER OF UNITS INTRODUCED AND COMPLETED
Opening inventory = 2820 Liters
Add: Recived from Bottling department 68660 Liters
Total introduced & Process during the period 71480 Liters
Less: Ending inventory As work in process 5680 Liters
Units Started and completed during the period 65800 Liters
Solution:
Units Started and completed during the period 65800 Liters
Less : Units Completed from the Beginning invenotry 2820 Liters
Equals to - Units Started and completed during the period 62980 Liters
Answer = 62,980 Liters
0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
1. The following information concerns production in the Finishing Department for May. The Finishing Department uses...
1. The following information concerns production in the Finishing Department for May. The Finishing Department uses the Weighted average method. ACCOUNT Work in Process—Finishing Department ACCOUNT NO. Date Item Debit Credit Balance Debit Credit May 1 Bal., 12,400 units, 65% completed 37,200 31 Direct materials, 60,800 units 111,264 148,464 31 Direct labor 69,000 217,464 31 Factory overhead 70,100 287,564 31 Goods transferred, 64,500 units 276,705 10,859 31 Bal., ? units, 25% completed 10,859 a. Determine the number of units in...
1.) Eve Cosmetics Company consists of two departments, Blending and Filling. The Filling Department received 69,700...
1.) Eve Cosmetics Company consists of two departments, Blending and Filling. The Filling Department received 69,700 ounces from the Blending Department. During the period, the Filling Department completed 84,600 ounces, including 20,500 ounces of work in process at the beginning of the period. The ending work in process inventory was 5,600 ounces. How many ounces were started and completed during the period? ounces 2.) The Filling Department of Eve Cosmetics Company had 5,800 ounces in beginning work in process inventory...
Chill SpringsChill Springs produces premium bottled water. In the Bottling? Department, workers bottle the filtered water...
Chill SpringsChill Springs produces premium bottled water. In the Bottling? Department, workers bottle the filtered water and pack the bottles into boxes. Conversion costs are incurred evenly throughout the bottling? process, but packaging materials are not added until the end of the process. February data from the Bottling Department? follow: Costs in beginning work Costs added in process inventory during February Transferred in $980 Transferred in* $133,000 Direct materials 0 Direct materials 32,130 Direct labour 620 Direct labour 33,200 Manufacturing...
data: 1 Pure Springs Bottling Department Cost per Equivalent Unit Transferred- Direct Conversion in Materials Costs...
data: 1 Pure Springs Bottling Department Cost per Equivalent Unit Transferred- Direct Conversion in Materials Costs Beginning work in process, February 1 $3,300 $0 $1,290 Costs added during February 132,000 28,260 55,900 Total costs to account for 135,300 28,260 57,190 data: 2 Pure Springs Bottling Department Flow of Physical Units and Computation of Equivalent Units Flow of Equivalent Units Physical Transferred- Direct Conversion Flow of Production Units in Materials Costs Units to account for: Beginning work in process, February 1...
The cost per equivalent units of direct materials and conversion in the Bottling Department of Beverages...
The cost per equivalent units of direct materials and conversion in the Bottling Department of Beverages on Jolt Company is $0.70 and $0.10, respectively. The equivalent units to be assigned costs are as follows: Direct Materials Conversion Inventory in process, beginning of period 0 2,700 Started and completed during the period 51,040 51,040 Transferred out of Bottling (completed) 51,040 53,740 Inventory in process, end of period 3,620 2,300 Total units to be assigned costs 54,660 56,040 The beginning work in...
The cost per equivalent units of direct materials and conversion in the Bottling Department of Beverages...
The cost per equivalent units of direct materials and conversion in the Bottling Department of Beverages on Jolt Company is $0.50 and $0.20, respectively. The equivalent units to be assigned costs are as follows: Direct Materials Conversion Inventory in process, beginning of period0 2,800 Started and completed during the period52,280 52,280 Transferred out of Bottling (completed)52,280 55,080 Inventory in process, end of period3,450 2,400 Total units to be assigned costs55,730 57,480 The beginning work in process inventory had a cost...
High Springs Filtration Department Assignment of Costs Direct Materials Conversion Costs Total Completed and transferred out...
High Springs Filtration Department Assignment of Costs Direct Materials Conversion Costs Total Completed and transferred out 170,000 x ( $0.64 + $0.23 ) $147,900 Ending work in process inventory: Direct materials 55,000 x $0.64 35,200 Conversion Costs 44,000 x $0.23 10,120 Total cost of ending work in process inventory 45,320 Total cost accounted for $193,220 Wages of workers operating the filtration equipment $12,220 Wages of workers operating ozonation equipment 11,000 Manufacturing overhead allocated to filtration 26,000 Water 144,000 High Springs...
Journal Entries Shorts Company has three process departments: Mixing, Encapsulating, and Bottling. At the beginning of...
Journal Entries Shorts Company has three process departments: Mixing, Encapsulating, and Bottling. At the beginning of the year, there were no work-in-process or finished goods inventories. The following data are available for the month of July: Department Manufacturing Costs Added* Ending Work in Process Mixing $87,500 $21,320 Encapsulating 75,570 19,810 Bottling 72,470 4,320 *Includes only the direct materials, direct labor, and the overhead used to process the partially finished goods received from the prior department. The transferred-in cost is not...
Transferred-In Cost Powers Inc. produces a protein drink. The product is sold by the gallon. The...
Transferred-In Cost Powers Inc. produces a protein drink. The product is sold by the gallon. The company has two departments: Mixing and Bottling. For August, the bottling department had 64,300 gallons in beginning inventory (with transferred-in costs of $283,000) and completed 207,000 gallons during the month. Further, the mixing department completed and transferred out 290,000 gallons at a cost of $680,000 in August. Required: 1. Prepare a physical flow schedule for the bottling department. Powers Inc. Physical Flow Schedule -...
Transferred-In Cost Powers Inc. produces a protein drink. The product is sold by the gallon. The...
Transferred-In Cost Powers Inc. produces a protein drink. The product is sold by the gallon. The company has two departments: Mixing and Bottling. For August, the bottling department had 53,800 gallons in beginning inventory (with transferred-in costs of $283,000) and completed 207,000 gallons during the month. Further, the mixing department completed and transferred out 257,000 gallons at a cost of $661,000 in August. Required: 1. Prepare a physical flow schedule for the bottling department. Powers Inc. Physical Flow Schedule -...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT