Refer to the following information about the Painting Department in the Richardson Factory for the month of June:
Beginning goods in process inventory:
- Physical units 5,000
- % complete for materials 70%
- % complete for labour and overhead 25%
- Materials cost from May $7,350
- Labour and overhead cost from May $3,125
- Product started and completed:
- Physical units 40,000
Ending goods in process inventory:
- Physical units 4,000
- % complete for materials 40%
- % complete for labour and overhead 10%
Manufacturing costs for June:
- Materials $96,975
- Labour and overhead $79,470
Required:
1. How many equivalent units of materials were added to the beginning inventory in finishing those units during June?
2. How many equivalent units of labour and overhead were added to the beginning inventory in finishing those units during June?
3. How many equivalent units of materials were added to the ending inventory in getting those units to their state of partial completion?
4. How many equivalent units of labour and overhead were added to the ending inventory in getting those units to their state of partial completion?
5. How many equivalent units of materials were added to all units processed during June?
6. How many equivalent units of labour and overhead were added to all units processed during June?
7. What was the materials cost per equivalent unit produced during June?
8. What was the labour and overhead cost per equivalent unit produced during June?
9. What is the total cost of all units that were completed during June?
10.What is the total cost of the ending goods in process inventory?