Badgersize Company has the following information for its Forming
Department for the month of August.
Work in Process Inventory, August 1: 20,000 units
Direct materials: 100% complete
$
80,000
Conversion: 20% complete
24,000
Balance in work in process, August 1
$
104,000
Units started during August
54,000
Units completed and transferred in August
58,000
Work in process (70% complete), August 31
?
Costs charged to Work in Process in August
Direct materials
$
164,000
Conversion costs:
Direct labor
$
101,000...