The beginning inventory was 60 complete for conversion

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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?

Reference no: EM13480502

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