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Montreal Manufacturing Inc. has the following cost and production data for the month of April. Beginning WIP 17,900 units Started...

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Advance Math

Montreal Manufacturing Inc. has the following cost andproduction data for the month of April.

Beginning WIP17,900units
Started in production104,000
Completed production91,600
Ending WIP30,300

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 the process.

Costs pertaining to the month of April are as follows:

Beginning inventory costs are:
     Materials$64,100
     Direct labour20,900
     Factory overhead15,400
Costs incurred during April include:
     Materials$598,000
     Direct labour195,200
     Factory overhead399,872
Calculate the equivalent units of production for materials andconversion costs for the month of April using the first-in,first-out (FIFO) method.
MaterialsConversioncosts
Total equivalent units
Calculate the unit costs for the month. (Round unitcost to 3 decimal places, e.g. 15.256.)
Unit costs
Materials$
Conversion costs$
Total$

Determine the costs to be assigned to the units transferred outand in ending work in process. (Round answers to 0decimal places, e.g. 5,275.)

TotalMaterialsConversion
Beginning Inventory$$$
Complete beginning WIP
Started and completed
Cost for units transferredout$$$
Ending work in process
Total costs$$$

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