The Blending Department of Luongo Company has the following cost
and production data for the month of April. Costs: Work in process,
April 1 Direct materials: 100% complete $125,000 Conversion costs:
20% complete 87,500 Cost of work in process, April 1 $212,500 Costs
incurred during production in April Direct materials $1,000,000
Conversion costs 456,250 Costs incurred in April $1,456,250 Units
transferred out totaled 21,250. Ending work in process was 1,250
units that are 100% complete as to materials and 40%...