Halls Exteriors produces exterior siding for homes. The Preparation Department begins with wood, whi

Halls Exteriors produces exterior siding for homes. The Preparation Department begins with wood, which is chopped into small bits. At the end of the process, an adhesive is added. Then the wood adhesive mixture goes on to the Compression Department, where the wood is compressed into sheets Conversion costs are added evenly throughout the preparation process. January data for the Preparation Department are as follows (Click the icon to view the data) Read the requirements 0 Data Table – X Requirement 1. Prepare a production cost repor material added at a different point in the product any zero balances. Round all cost per un amour of production) method. (Hint Each direct answer boxes. Enter a “0for used EUP = equivalent units sheets 3,700 sheets 2,500 sheets Production Cos 1.200 sheets Physic UNITS Beginning Work in Process Inventory Started in production Completed and transferred out to Compression in January Ending Work In Process inventory (40% of the way through the preparation process) COSTS Beginning Work in Process Inventory Costs added during January Wood Adhesives Direct labor Manufacturing overhead allocated UNITS Units to account for $ 0 Total units to account for 3,515 2,000 1.476 2,100 Choose from any list or enter any number in the Total costs $ 9.091 Hall's Exteriors produces exterior siding for homes. The Preparation Department begins with wood, which is chopped into small bits. At the end of the process, an adhesive is added. Then the wood/adhesive mixture goes on to the Compression Department, where the wood is compressed into sheets. Conversion costs are added evenly throughout the preparation process. January data for the Preparation Department are as follows: (Click the icon to view the data.) Read the requirements Requirement 1. Prepare a production cost report for the Preparation Department for January. The company uses the weighted average method. (Hint Each direct material added at a diferent point in the production process requires its own equivalent units of production computation) (Complete all answer boxes. Enter a “Ufor any zero balances Round all cost per unit amounts to the nearest cent and all other amounts to the nearest whole dollar Abbreviation used: EUP = equivalent units of production) Hall's Exteriors Production Cost Report. Preparation Department Month Ended January 31 Equivalent Units Physical Direct Materials Wood Units Adhesi Total units to account for Choose from any list or enter any number in the input fields and then continue to the next question A OWO @ Halls Exteriors produces exterior siding for homes. The Preparation Department begins with wood, which is chopped into small bits. At the end of the process, an adhesive is added. Then the wood/adhesive mixture goes on to the Compression Department, where the wood is compressed into sheets. Conversion costs are added evenly throughout the preparation process. January data for the Preparation Department are as follows: (Click the icon to view the data) Read the requirements Units accounted for Total units accounted for Direct Materials Wood Adhesives Conversion Costs Total Costs COSTS Costs to account for Total costs to account for Cost per equivalent unit Costs accounted for Choose from any list or enter any number in the input fields and then continue to the next question His Exterior produces exterior siding for homes The Preparation Department begins with wood, which is chopped into small bits. At the end of the process, an adhesive is added. Then the woodladhesive mixture goes on to the Compression Department, where the wood is compressed into sheets. Conversion costs are added every toughout the preparation process January data for the Preparation Department are as follows: mm Click the icon to view the data) Read the requirements Costs accounted for Total costs accounted for Requirement 2. Prepare the journal entry to record the cost of the sheets completed and transferred out to the Compression Department (Record debits first, then credits. Exclude explanations from any journal entries) Date Accounts Debit Credit Jan 31 Requirement 3. Post the journal entries to the Work in process inventory Preparation T-account What is the ending balance? Postal transactions to the Work in Process Inventory Preparation Taccount using the appropriate descriptions as posting references Calculate and enter the ending balance of the account, “Bal Jan. 31”, on the appropriate side of the T-account Choose from any list or enter any number in the input fields and then continue to the next question Hall's Exteriors produces exterior siding for homes. The Preparation Department begins with wood, which is chopped into small bits. At the end of the process, an adhesive is added. Then the woodladhesive mixture goes on to the Compression Department, where the wood is compressed into sheets Conversion costs are added evenly throughout the preparation process. January data for the Preparation Department are as follows: (Click the icon to view the data) Read the requirements Date Accounts Debat Cred Jan 31 Requirement 3. Post the journal entries to the Work in process inventory Preparation T-account. What is the ending balance? Post all transactions to the Work-in-Process Inventory Preparation Taccount using the appropriate descriptions as posting references Calculate and enter the ending balance of the account, “Bal Jan 31”, on the appropriate side of the T-account Work in Process Inventory Preparation Bal Dec 31 Choose from any list or enter any number in the input fields and then continue to the next question

"Need help with this or a similar paper? Order now to get instant help. Our Prices Start at $11.99. As Our First Client, Use Coupon Code GET15 to claim 15% Discount This Month!!":

Get started