Hh.193. The Blending Department of Oriole Company has the following cost and production data for the month of April.Costs:Work in process, April 1Direct materials: 100% completeConversion costs: 20% completeCost of work in process, April 1Costs incurred during production in AprilDirect materialsConversion costsCosts incurred in AprilCompute the unit costs for the month.Unit costs $MaterialsShow Transcribed TextUnits completed and transferred out totaled 14,960. Ending work in process was 880 units that are 100% complete as to materialsand 40% complete as to conversion costs.Completed and transferred out $Ending work in process$88,000$61,600$149,600$719,840321,200$1,041,040$Determine the costs to be assigned to the units completed and transferred out and in ending work in process.Conversion Costs

The equivalent units are calculated on the basis of the percentage of the work completed during the…

The Blending Department of Oriole Company has the following cost and production data for the month of April. Costs: Work in process, April 1 Direct materials: 100% complete Conversion costs: 20% complete Cost of work in process, April 1 Costs incurred during production in April Direct materials Conversion costs Costs incurred in April Compute the unit costs for the month. Units completed and transferred out totaled 14,960. Ending work in process was 880 units that are 100% complete as to materials and 40% complete as to conversion costs. Unit costs $ $88,000 61,600 $149,600 Materials $719,840 321,200 $1,041,040 Conversion Costs

The Blending Department of Oriole Company has the following cost and production data for the month of April. Costs: Work in process, April 1 Direct materials: 100% complete Conversion costs: 20% complete Cost of work in process, April 1 Costs incurred during production in April Direct materials Conversion costs Costs incurred in April Compute the unit costs for the month. Units completed and transferred out totaled 14,960. Ending work in process was 880 units that are 100% complete as to materials and 40% complete as to conversion costs. Unit costs $ $88,000 61,600 $149,600 Materials $719,840 321,200 $1,041,040 Conversion Costs

Principles of Cost Accounting

17th Edition

ISBN:9781305087408

Author:Edward J. Vanderbeck, Maria R. Mitchell

Publisher:Edward J. Vanderbeck, Maria R. Mitchell

Chapter5: Process Cost Accounting—general Procedures

Section: Chapter Questions

Problem 6E: The records of Burris Inc. reflect the following data: Work in process, beginning of month2,000...

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Ardt-Barger has a beginning work in process inventory of 5.500 units and transferred in 25,000 units before ending the month with 3.000 u flits that were 100% complete with regard to materials and 80% complete with regard to conversion costs. The cost per unit of material is $5.45, and the cost per unit for conversion is $6.20 per unit, Using the weighted-average method, prepare the companys process cost summary for the month.
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