Sandhill Manufacturing Inc. has the following cost and production data for the month of April. Units in beginning work in process Units started into production Units completed and transferred Units in ending work in process 20,000 104,000 Beginning inventory costs are: Direct materiale 94,300 29,700 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: $64.100
Sandhill Manufacturing Inc. has the following cost and production data for the month of April. Units in beginning work in process Units started into production Units completed and transferred Units in ending work in process 20,000 104,000 Beginning inventory costs are: Direct materiale 94,300 29,700 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: $64.100
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Determine the costs to be assigned to the units completed and transferred out and to work in process at the end of the period
inventory. (Round answers to O decimal places, e.g. 5,275.)
Beginning Inventory
Complete beginning work in process inventory
Started and completed
Cost for units completed and transferred out
Ending work in process inventory
Total costs
$
$
+A
Total
98800
tA
$
tA
$
Direct Materials
64100
$
CA
+A
JUU
+A
Con
$
Transcribed Image Text:Sandhill Manufacturing Inc. has the following cost and production data for the month of April.
Units in beginning work in process
Units started into production
Units completed and transferred
Units in ending work in process
Beginning inventory costs are:
Direct materials
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:
Direct labour
Manufacturing overhead
Costs incurred during April include:
Direct materials
Direct labour
20,000
104,000
94,300
Manufacturing overhead
29.700
$64,100
20,500
14,200
$572,000
190,200
389,007
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