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Manufacturing Overhead Assignment | Top Universities

Smith Winery in Pleasant Valley, New York, has two departments: Fermenting and Packaging. Direct materials are added at the beginning of the fermenting process (grapes) and at the end of the packaging process (bottles). Conversion costs are added evenly throughout each process. The company uses the weighted average method. Data from the month of March for the Fermenting Department are as follows: E: (Click the icon to view the data from March.) i Data Table Read the requirements. Smith Winery Production Cost Report – Fermenting Department (Partial) Month Ended March 31 Direct Conversion COSTS Materials Costs Costs to account for: Beginning work-in-process 864|

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Costs added during the period 9801 Total costs to account for Divided by: Total EUP Total Costs Gallons Beginning Work-in-Process Inventory Started in production Completed and transferred out to Packaging in March Ending Work-in-Process Inventory (80% of the way through the fermenting process) Costs Beginning Work-in-Process Inventory: 200 gallons 7,700 gallons 4,400 gallons 3,500 gallons Cost per equivalent unit Direct materials Costs accounted for: Direct labor Manufacturing overhead allocated Costs added during March: 864 230 230 Direct materials Total costs accounted for Direct labor 9,801 2,158 2,422 Choose from any list or enter any number in the input fields and then continue to the next question. Manufacturing overhead allocated 14,381 Total costs added during March. Get Accounting homework help today

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