AC2720_Exercise 4.2_Template - Parts 2 and 3 Costs added in...

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Problem 1 Weighted-average method, assigning c Part 1 & 2:
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costs
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Problem 2 Weighted-average method, assigning c
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costs
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Problem 3 Part 1 Calculate the conversion cost rates for each d Breeze Budgeted labor hours Budgeted machine hours Budgeted Conversion Cost Spray Drying Mixing Blending Packaging Part 2 Budgeted cost of goods manufactured Breeze Direct Materials Budgeted 50-oz. containers
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Spray Drying Mixing Blending Packaging Total Part 3 Budgeted cost per container Breeze Total budgeted costs Number of containers Budgeted cost per container
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Operation costing department Fresh Joy Total Cost Driver Budgeted Conversion Cost Rate Quantity of Cost Driver Fresh Joy
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Fresh Joy
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Problem 4 Standard-costing with beginnin Part 1 Flow of Production Work in process, beginning (given) Started during current period (given) To account for Completed and transferred out during current period From beginning work in process Started and completed Work in process, ending (given) Accounted for Equivalent units of work done to date
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Unformatted text preview: Parts 2 and 3 Costs added in current period Total costs to account for Completed and transferred out Work in process, beginning Costs added to beg. work in process in current period Total from beginning inventory Started and completed Total costs of units transferred out Work in process, ending Total costs accounted for Summary of variances for current performance: Costs added in current period at standard costs (see Step 3 above) Actual costs incurred (given) Variance in $ ;indicate if F or U (F = Favorable; U = unfavorable) (Step 3 ) Work in process, beginning ( Step 4 ) Standard cost per equivalent unit (given) (Step 5 ) Assignment of costs at standard costs: ng and ending work in process (Step 2) (Step 1) Equivalent Units Physical Direct Conversion Units Materials Costs Total Production Direct Conversion Costs Materials Costs...
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