Question

Question 31 Montreal Manufacturing Inc. has the following cost and production data for the month of April. Beginning WIP 17,100 units Started in production 104,500 Completed production 91,300 Ending WIP 30,300 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: Beginning inventory costs are:      Materials $66,100      Direct labour 19,500      Factory overhead 13,600 Costs incurred during April include:      Materials $569,525      Direct labour 199,100      Factory overhead 359,860

Calculate the equivalent units of production for materials and conversion costs for the month of April using the first-in, first-out (FIFO) method. Materials Conversion costs Total equivalent units Your answer is partially correct. Try again. Calculate the unit costs for the month. (Round unit cost to 3 decimal places, e.g. 15.256.) Unit costs Materials $ Conversion costs $ Total $ Your answer is partially correct. Try again. Determine the costs to be assigned to the units transferred out and in ending work in process. (Round answers to 0 decimal places, e.g. 5,275.) Total Materials Conversion Beginning Inventory $ $ $ Complete beginning WIP Started and completed Cost for units transferred out $ $ $ Ending work in process Total costs $ $ $

Answer 1