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Carla Vista Manufacturing Inc. has the following cost and production data for the month of April. Units in beginning work in process Units started into production Units completed and transferred Units in ending work in process Beginning inventory costs are: Direct materials Direct labour Manufacturing overhead Costs incurred during April include: 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: Direct materials Direct labour 17,700 104,400 Manufacturing overhead 90,800 31,300 $64,000 21,000 13,100 $595,080 191,400 378,705

Carla Vista Manufacturing Inc. has the following cost and production data for the month of April. Units in beginning work in process Units started into production Units completed and transferred Units in ending work in process Beginning inventory costs are: Direct materials Direct labour Manufacturing overhead Costs incurred during April include: 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: Direct materials Direct labour 17,700 104,400 Manufacturing overhead 90,800 31,300 $64,000 21,000 13,100 $595,080 191,400 378,705

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Carla Vista Manufacturing Inc. has the following cost and production data for the month of April. Units in beginning work in process Units started into production Units completed and transferred Units in ending work in process Beginning inventory costs are: Direct materials Direct labour 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: Manufacturing overhead Costs incurred during April include: 17,700 Direct materials Direct labour Manufacturing overhead 104,400 90,800 31,300 $64,000 21,000 13,100 $595,080 191,400 378,705
Transcribed Image Text:Carla Vista Manufacturing Inc. has the following cost and production data for the month of April. Units in beginning work in process Units started into production Units completed and transferred Units in ending work in process Beginning inventory costs are: Direct materials Direct labour 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: Manufacturing overhead Costs incurred during April include: 17,700 Direct materials Direct labour Manufacturing overhead 104,400 90,800 31,300 $64,000 21,000 13,100 $595,080 191,400 378,705
Determine the costs to be assigned to the units completed and transferred out and to work in process at the end of the period inventory. (Round answers to O decimal places, e.g. 5,275.) Beginning Inventory Complete beginning work in process inventory Started and completed Cost for units completed and transferred out Ending work in process inventory Total costs $ $ Total $ Direct Materials Con
Transcribed Image Text:Determine the costs to be assigned to the units completed and transferred out and to work in process at the end of the period inventory. (Round answers to O decimal places, e.g. 5,275.) Beginning Inventory Complete beginning work in process inventory Started and completed Cost for units completed and transferred out Ending work in process inventory Total costs $ $ Total $ Direct Materials Con
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