Reference no: EM132516303
The Blending Department of Bonita Company has the following cost and production data for the month of April.
Costs: Work in process, April 1 Direct materials: 100% complete$119,000
Conversion costs: 20% complete 83,300
Cost of work in process, April 1$202,300
Costs incurred during production in April
Direct materials$952,000
Conversion costs 434,350
Costs incurred in April$1,386,350
Units transferred out totaled 20,230.
Ending work in process was 1,190 units that are 100% to materials and 40% to conversion costs.
Question 1: Compute the equivalent units of production for (1) materials and (2) conversion costs for the month of April.
Question 2: Compute the unit costs for the month.
Question 3: Determine the costs to be assigned to the units transferred out and in ending work in process.