BS&T Partners has developed a new hubcap with the model name Spinnin' Wheel. Production and sales started August 3. As of August 2, there were no direct materials in inventory. Data for the month of August include the following Required: Complete the following table. (Round intermediate calculations to 2 decimal places.) Direct labor cost per unit Direct labor-hours worked, August Direct labor wage rate per direct labor-hour Direct materials cost per unit Direct materials cost per pound of direct material Direct materials inventory (cost), August 31 Direct materials inventory (pounds), August 31 Finished goods inventory (cost), August 31 Finished goods inventory (units), August 31 Manufacturing overhead cost per unit Operating profit, August Production (units), August Sales revenue, August Sales (units), August Sales price per unit Selling, general, and administrative costs per unit $ $ $ $ $ $ $ $ $ 11.00 20.00 9.75 19.00 10,260 33,000 20.50 66,600 710,400 16.75 hours pounds units units units

Dion Company reports the absorption costing income statement below for May. The company began the month with no finished goods inventory. Dion produced 21,800 units, and 2,900 units remain in ending finished goods inventory for May. Fixed overhead was $43,600. Variable selling and administration expenses were $39,000 and fixed selling and administrative expenses were $19,400.  Sales (18,900 units) $ 378,000 Cost of goods sold 294,000 Gross profit 84,000 Selling and administrative expenses 58,400 Income $ 25,600 Prepare an income statement using variable costing.

Costs per Equivalent Unit and Production Costs The following information concerns production in the Forging Department for November. All direct materials are placed into the process at the beginning of production, and conversion costs are incurred evenly throughout the process. The beginning inventory consists of $33,320 of direct materials. LOOK AT IMAGE TO help solve D. and E   Cost per equivalent units of $9.50 for Direct Materials and $2.10 for Conversion Costs. Based on the above data, determine each of the following amounts. If required, round your interim calculations to two decimal places. Round final answers (a-c) to the nearest dollar. a.  Cost of beginning work in process inventory completed in November.$ 40222   b.  Cost of units transferred to the next department during November.$ 368502   c.  Cost of ending work in process inventory on November 30.$30753   d.  Costs per equivalent unit of direct materials and conversion included in the November 1 beginning work in…

The Towson company has gathered the following information for the month of September pertaining to its use of materials in Work in Process; beginning inventory had 4,500 (equivalent units of production) valued at $13,500; $202,000 of materials were added during the month ending inventory consisted of 16,000 (equivalent units of production) and 50,000 units were completed and transfered to the next department.  What is the weighted average cost per EUP of materials for the month of september?