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Miller Outdoor Equipment (MOE) makes four models of tents. The model names are Rookie, Novice, Hiker,...

Miller Outdoor Equipment (MOE) makes four models of tents. The model names are Rookie, Novice, Hiker, and Expert. MOE manufactures the tents in two departments: Stitching and Customizing. All four models are processed initially in Stitching where all material is assembled and sewn into a basic tent. The Rookie model is then transferred to finished goods. After processing in Stitching, the other three models are transferred to Customizing for additional add-ons, and then transferred to finished goods.

There were no beginning work-in-process inventories on August 1. Data for August are shown in the following table. Ending work in process is 30 percent complete in Stitching and 30 percent complete in Customizing. Conversion costs are allocated based on the number of equivalent units processed in each department.

Total Rookie Novice Hiker Expert
Units started 620 500 470 200
Units completed in Stitching 545 445 410 165
Units completed in Customizing 425 385 140
Materials $ 58,060 $ 17,360 $ 12,500 $ 18,800 $ 9,400
Conversion costs:
Stitching $ 58,260
Customizing 28,000
Total conversion costs $ 86,260

Required:

a. What is the unit cost of each model transferred to finished goods in August? (Round intermediate calculations to nearest whole number.)
PROUCT UNIT COST
ROOKIE ????
NOVICE    ?????
HIKER ?????
EXPERT ??????

What is the balance of the Work-in-Process Inventory on August 31 for Stitching? For Customizing? (Round intermediate calculations to nearest whole number.)
WORK IN PROCESS INVENTORY
STITCHING    ?????
CUSTOMIZING    ???????????

I AM REUESTING HELP WITH THE ONES WITH QUESTION MARKS I AM LOST ON THIS

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ekkarill92 answered 2 months ago
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