month of April.
Beginning WIP
18,000 units
Started in production
104,000
Completed production
94,000
Ending WIP
28,000
The beginning inventory was 60% complete for conversion costs. The ending inventory was 40% complete for conversion costs. Materials are added at the beginning of process.
Costs pertaining to the month of April are as follows:
Beginning inventory costs are
Materials $64,000
Direct labour 18,000
Factory overhead 17,000
Costs incurred during April include
Materials $585,520
Direct labour 198,500
Factory overhead 367,900
Determine the costs to be assigned to the units transferred out and in ending work in process.
Total Material Conversion
Beginning Inventory $ $ $
Complete beginning WIP
Started and completed
Cost for units transferred out $ $ $
Ending work in process
Total costs $ $ $
Image text transcribed for accessibility Determining the costs to be assigned to the units transferred out and in ending work in process?