Part -1:

For the current period, Jones started 15,000 units and completed 10,000 units, leaving 5,000 units in process 30 percent complete. How many equivalent units of production did Jones have for the period?
a. 10,000
b. 11,500
c. 13,500
d. 15,000

Blue Diamond Company manufactures ZEBO through two processes: blending and bottling. In June, raw materials used were Blending $18,000 and Bottling $4,000. Factory labor costs were Blending $12,000 and Bottling $5,000. Manufacturing overhead costs were Blending $6,000 and Bottling $2,500. The company transfers units completed at a cost of $19,000 in the Blending Department to the Bottling Department. The Bottling Department transfers units completed at a cost of $11,000 to Finished Goods. Journalize the assignment of these costs to the two processes and the transfer of units as appropriate.

Journalize the assignment of these costs to the two processes

To Record Materials Used:

Work in Process-Blending
Work in Process-Bottling
Raw Materials Inventory

To Assign Factory Labor to Production:

Work in Process-Blending
Work in Process-Bottling
Factory Labor

Journalize the assignment of these costs to the two processes

To Assign Overhead to Production:

Work in Process-Blending

Work in Process-Bottling

Manufacturing Overhead

Part -2:

Casey Company has five activity cost pools and two products. It expects to produce 200,000 units of its automobile scissors jack and 80,000 units of its truck hydraulic jack. Having identified its activity cost pools and the cost drivers for each cost pool, Casey Company accumulated the following data relative to those activity cost pools and cost drivers.
Using the above data, do the following.

Prepare a schedule showing the computations of the activity-based overhead rates per cost driver.

Prepare a schedule assigning each activity's overhead cost to the two products.

Compute the overhead cost per unit for each product.

Comment on the comparative overhead cost per unit.