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ACCT 386 - Week 3 - Homework - Question 2

ACCT 386 - Week 3 - Homework - Question 2
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ACCT 386 - Week 3 - Homework - Question 2

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Question 2

Nature’s Way, Inc., keeps one of its production facilities busy making a perfume called Essence de la Vache. The perfume goes through two processing departments: Blending and Bottling.

 

 The following incomplete Work in Process account is provided for the Blending Department for March:

Work in Process—Blending


 


  March 1 balance

33,200  

  Completed and transferred
       to Bottling (760,000 ounces)

?       

  Materials

150,600  

  

 

  Direct labor

68,200  

  

 

  Overhead

480,000  

 

 



  March 31 balance

?       

 

 

     The $33,200 beginning inventory in the Blending Department consisted of the following elements: materials, $8,900; direct labor, $3,300; and overhead applied, $21,000.

     Costs incurred during March in the Bottling Department were: materials used, $46,000; direct labor, $17,800; and overhead cost applied to production, $107,000.