AC2720 Wk4 Exercise 2

# AC2720 Wk4 Exercise 2 - Problem 1 Part 1 2 Weighted-average...

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Problem 1 Weighted-average method, assigning c Part 1 & 2:

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costs
Problem 2 Weighted-average method, assigning c

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costs
Problem 3 O Part 1 Calculate the conversion cost rates for each department Breeze Fresh 11,000 8,000 Budgeted labor hours 275 200 Budgeted machine hours 55 40 Budgeted Cost Driver Conversion Cost Spray Drying \$8,000 Labor Hours Mixing 22,800 # of containers Blending 30,450 # of containers Packaging 1,000 Machine Hours Part 2 Budgeted cost of goods manufactured Breeze Fresh Budgeted 50-oz. containers

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Direct Materials \$21,450 \$20,000 Spray Drying 2,200 1,600 Mixing 13,200 9,600 Blending Packaging 275 200 Total \$37,125 \$31,400 Part 3 Budgeted cost per container Breeze Fresh Total budgeted costs \$37,125 \$31,400 Number of containers 11,000 8,000 3.375 3.925 Budgeted cost per container
Operation costing Joy Total 21,000 40,000 525 1,000 105 200 Budgeted Conversion Cost Rate Quantity of Cost Driver 1,000 8 19,000 1.2 21,000 1.45 200 5 Joy

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\$52,500 4,200 30,450 525 \$87,675 Joy \$87,675 21,000 4.175
Problem 4 Standard-costing with beginnin Part 1 Flow of Production Work in process, beginning (given) Started during current period (given) To account for

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