Kun pow produces canned chicken a la king The chicken a la k

Kun pow produces canned chicken a la king. The chicken a la king passes through three departments: (1) Mixing, (2) Retort (sterilization), and (3) Packing. In the Mixing Department, chicken and cream are added at the beginning of the process, the mixture is partly cooked, and chopped green peppers and mushrooms are added at the end of the process. Conversion costs are incurred evenly throughout the mixing process.

NovemberNovember

data from the Mixing Department are as follows:

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Requirement 1. Fill in the time line for the Mixing Department.

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Complete

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3

parts remaining

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Data Table

Gallons

Costs

Beginning work in process inventory. . . . .

0

gallons

Beginning work in process inventory. . . . .

$0

Started production. . . . . . . . . . . . . . . . . . . .

14,400

gallons

Costs added during November:

Completed and transferred out to

Chicken. . . . . . . . . . . . . . . . . . . .

14,520

Retort in November. . . . . . . . . . . .

13,400

gallons

Cream. . . . . . . . . . . . . . . . . . . . .

4,200

Ending work in process inventory

Green peppers and mushrooms. . .

6,700

(60% of the way through the

Direct labor. . . . . . . . . . . . . . . . . . . .

11,400

mixing process). . . . . . . . . . . . . . . . .

1,000

gallons

Manufacturing overhead. . . . . . . . .

3,020

Total costs. . . . . . . . . . . . . . . . . . . . . . .

$39,840

Requirement

1.

Fill in the time line for the Mixing Department.

2.

(Hint:

3.

Compute the cost per equivalent unit for each cost category.

4.

Compute the total costs of the units (gallons):

a. Completed and transferred out to the Retort Department

b.

Start					Complete			Complete

Solution

ans 1 Time line Cost of Prduction report (weighted avg method) ProductionDepartment Equivalent Units Flow Of Units Physical Units Direct Material Chicken and cream Direct Material-Green peppers and mushroom Conversion Cost Units to be accounted for Beginning work in process inventory 0 Units started this period 14400 Total u nits to be accounted for    14400 Units accounnted for: Completed and transferred out (b) 13400 13400 13400 13400 Ending work in progress inventory c 1000 1000 0 600 Total units to be accounted for (f)      14400 14400 13400 14000 Flow of Cost Cost in the begnning work in progress inventory 0 0 0 0 cost added to process 39840 18720 $6,700 $14,420 Total Cost to be accounted for (e)     39840 18720 6700 14420 Cost per equivalent unit (a)     1.30 0.50 1.03 Cost accounted for Cost assigned to units transferred out (a*b) 37922 17420 6700 13802 Cost in ending work in progress inventory (a*c)     1918 1300 0 618 Total Cost accounted for    39840 18720 6700 14420 ans 2 Direct Material Chicken and cream Direct Material-Green peppers and mushroom Conversion Cost Equivalent units 14400 13400 14000 ans 3 Direct Material Chicken and cream Direct Material-Green peppers and mushroom Conversion Cost Cost per equivalent unit 1.30 0.50 1.03 ans 4 Total Direct Material Chicken and cream Direct Material-Green peppers and mushroom Conversion Cost Cost assigned to units transferred out 37922 17420 6700 13802 Cost in ending work in progress inventory      1918 1300 0 618 If any doubt please comment