Reference no: EM132587687

The Rafaello company produces quality organ pipes for concerts. Each work order is unique. In April 2019 I completed all pending orders and then in May 2019 I only work on two orders M-1 and M-2

                                            Order M-1                     Order M-2

Direct materials                         $ 78,000                     $ 51,000

Direct labor                            $ 273,000                     $ 208,000

Direct labor is paid at a rate of $ 26 per hour. Indirect manufacturing costs are assigned at a budgeted rate of $ 20 per hour of direct labor. In May only the M-1 work order was completed

Calculate:

Question a) The total cost for M-1 order

Question b) 1,100 tubes were produced for order M-1. Calculate the unit cost

Question c) Prepare journal entry to transfer M-1 work order to finished products

Question d) What is the final balance in the product control in process account?