Manufacturing costs: Materials $ 33,000; labor $ 21,000; and overhead $ 36,000.
Instructions Prepare a production cost report. E3-8
The Blending Department of Luongo Company has the following cost and produc-tion data for the month of April.
Costs: Work in process, April 1 Direct materials: 100 % complete $ 100,000 Conversion costs: 20 % complete 70,000 Cost of work in process, April 1 $ 170,000 Costs incurred during production in April Direct materials $ 800,000 Conversion costs 365,000 Costs incurred in April $ 1,165,000
Units transferred out totaled 17,000. Ending work in process was 1,000 units that are 100 % complete as to materials and 40 % complete as to conversion costs.
Instructions
( a) Compute the equivalent units of production for( 1) materials and( 2) conversion costs for the month of April.
( b) Compute the unit costs for the month.
( c) Determine the costs to be assigned to the units transferred out and in ending work in process.
P3-2A
Rosenthal Company manufactures bowling balls through two processes: Molding and Packaging. In the Molding Department, the urethane, rubber, plastics, and other materials are molded into