Question

i do not understand requirements 3 and 4

Weston Products manufactures an industrial cleaning compound that goes through three processing departments Grinding, Moxing, and Cooking. All raw materials are introduced at the start of work in the Grinding Department. The Work in Process T-account for the Grinding Department for May is given below Work in Process Grinding Department Completed and transferred to the Inventory, May 1 21,800 Mixing Department Materials 133,400 Conversion 225,500 Inventory, May 31 The May 1 work in process inventory consisted of 18,000 pounds with $14,600 in materials cost and $7.200 in conversion cost. The May 1 work in process inventory was 100% complete with respect to materials and 30% complete with respect to conversion. During May, 167,000 pounds were started into production. The May 31 inventory consisted of 15,000 pounds that were 100% complete with respect to materials and 60% complete with respect to conversion. The company uses the weighted average method in its process costing system Required: 1. Compute the Grinding Department's equivalent units of production for materials and conversion in May 2. Compute the Grinding Department's costs por equivalent unit for materials and conversion for May 3. Compute the Grinding Department's cost of onding work in process inventory for materials, conversion, and in total for May 4. Compute the Grinding Department's cost of units transforred out to the Mosing Department for materials, conversion, and in total for May Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required) Required 4 Compute the Grinding Department's equivalent units of production for materials and conversion in May. Materials Conversion Equivalent units of production Required 2

Answer 1

1) Solution:

	Materials	Conversion
Equivalent units of production	185,000	179,000

Working:

Units transferred to the next department = [Units in beginning WIP + Units started into production − Units in ending WIP] = [18,000 + 167,000 - 15,000] = 170,000

	Materials	Conversion
Transferred to next departmen	170,000	170,000
Equivalent units in ending WIP
Materials: 15,000 units * 100% complete	15,000
Conversion: 15,000 units * 60% complete		9,000
Equivalent units of production	185,000	179,000

　

2) Solution:

	Materials	Conversion
Cost per equivalent unit	0.8	1.3

Working:

	Materials	Conversion
Cost of beginning work in process	14,600	7,200
Cost added during the period	133,400	225,500
Total cost	148,000	232,700
Equivalent units of production	185,000	179,000
Cost per equivalent unit	0.8	1.3

　

3) Solution:

	Materials	Conversion	Total
Cost of ending work in process inventory	12,000	11,700	23,700

Working:

	Materials	Conversion	Total
Ending work in process inventory:
Equivalent units	15,000	9,000
Cost per equivalent unit	0.8	1.3
Cost of ending work in process inventory	12,000	11,700	23,700

　

4) Solution:

	Materials	Conversion	Total
Cost of units completed and transferred out	136,000	221,000	357,000

　

Working:

	Materials	Conversion	Total
Ending work in process inventory:
Equivalent units	15,000	9,000
Cost per equivalent unit	0.8	1.3
Cost of ending work in process inventory	12,000	11,700	23,700
Units completed and transferred out:
Units transferred to the next department	170,000	170,000
Cost per equivalent uni	0.8	1.3
Cost of units completed and transferred out	136,000	221,000	357,000