Question:
In March, K Christel Manufacturing had the following unit production costs: materials $6 and conversion costs $9. On March 1, it had zero work in process. During March, K Christel transferred out 12,000 units. As of March 31, 800 units that were 25 percent complete as to conversion costs and 100 percent complete as to materials were in ending work in process. Assign the costs to the units transferred out and in process.
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Costs transferred out
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$180,000
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Work in process, March 31
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Materials (800 x $6)
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$4,800
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Conversion costs (200 x $9)
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1,800
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Total costs
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$186,600
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