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 bowling balls . In the Packaging Department , the balls are placed in cartons and sent to the finished goods warehouse . All materials are entered at the begin-ning of each process . Labor and manufacturing overhead are incurred uniformly through-out each process . Production and cost data for the Molding Department during June 2017 are presented below .