Business, 18.03.2021 01:20 strawberrymochi1078
Paints by Lucky prepares and packages paint products. the company has two departments: (1) blending and (2) packaging. direct materials are added at the beginning of the blending process (dyes) and at the end of the packaging process (cans). conversion costs are added evenly throughout each process. data from the month of for the blending department are as follows:
Gallons:
Beginning work in process inventory 0
Started production
Completed and transferred out to 8,200 gallons
Packaging in May 6,100
Ending work in process inventory (40% of the way
through the blending process) 2,100 gallons
Costs:
Beginning work in process inventory 0
Costs added during May:
Direct materials (dyes) 5,166
Direct labor 600
Manufacturing overhead 1,829
Total costs added during May $7,595
Requirement:
Fill-in the time line for the Blending Department.
Answers: 1
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Paints by Lucky prepares and packages paint products. the company has two departments: (1) blending...
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