Montreal Manufacturing Inc. has the following cost and production data for the month of April....
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Accounting
Montreal Manufacturing Inc. has the following cost and production data for the month of April.
Beginning WIP
17,300
units
Started in production
104,900
Completed production
90,700
Ending WIP
31,500
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
$64,200
Direct labour
21,600
Factory overhead
16,700
Costs incurred during April include:
Materials
$550,725
Direct labour
194,400
Factory overhead
395,642
Determine the costs to be assigned to the units transferred out and in ending work in process. (Round answers to 0 decimal places, e.g. 5,275.)
Total
Material
Conversion
Beginning Inventory
$
$
$
Complete beginning WIP
Started and completed
Cost for units transferred out
$
$
$
Ending work in process
Total costs
$
$
$
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