The Blending Department of Oriole Company has the following cost and production data for the month of April. Costs: Work in process, April 1 Direct materials: 100% complete Conversion costs: 20% complete Cost of work in process, April 1 Costs incurred during production in April Direct materials Conversion costs Costs incurred in April Compute the unit costs for the month. Units completed and transferred out totaled 14,960. Ending work in process was 880 units that are 100% complete as to materials and 40% complete as to conversion costs. Unit costs $ $88,000 61,600 $149,600 Materials $719,840 321,200 $1,041,040 Conversion Costs
The Blending Department of Oriole Company has the following cost and production data for the month of April. Costs: Work in process, April 1 Direct materials: 100% complete Conversion costs: 20% complete Cost of work in process, April 1 Costs incurred during production in April Direct materials Conversion costs Costs incurred in April Compute the unit costs for the month. Units completed and transferred out totaled 14,960. Ending work in process was 880 units that are 100% complete as to materials and 40% complete as to conversion costs. Unit costs $ $88,000 61,600 $149,600 Materials $719,840 321,200 $1,041,040 Conversion Costs
Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter5: Process Cost Accounting—general Procedures
Section: Chapter Questions
Problem 6E: The records of Burris Inc. reflect the following data: Work in process, beginning of month2,000...
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Question
Hh.193.
![The Blending Department of Oriole Company has the following cost and production data for the month of April.
Costs:
Work in process, April 1
Direct materials: 100% complete
Conversion costs: 20% complete
Cost of work in process, April 1
Costs incurred during production in April
Direct materials
Conversion costs
Costs incurred in April
Compute the unit costs for the month.
Unit costs $
Materials
Show Transcribed Text
Units completed and transferred out totaled 14,960. Ending work in process was 880 units that are 100% complete as to materials
and 40% complete as to conversion costs.
Completed and transferred out $
Ending work in process
$88,000
$
61,600
$149,600
$719,840
321,200
$1,041,040
$
Determine the costs to be assigned to the units completed and transferred out and in ending work in process.
Conversion Costs](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd4704128-405f-4318-b903-2637470bce9a%2F58b0b99f-8b5d-43c4-956b-fe4513834275%2Fygavhdo_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The Blending Department of Oriole Company has the following cost and production data for the month of April.
Costs:
Work in process, April 1
Direct materials: 100% complete
Conversion costs: 20% complete
Cost of work in process, April 1
Costs incurred during production in April
Direct materials
Conversion costs
Costs incurred in April
Compute the unit costs for the month.
Unit costs $
Materials
Show Transcribed Text
Units completed and transferred out totaled 14,960. Ending work in process was 880 units that are 100% complete as to materials
and 40% complete as to conversion costs.
Completed and transferred out $
Ending work in process
$88,000
$
61,600
$149,600
$719,840
321,200
$1,041,040
$
Determine the costs to be assigned to the units completed and transferred out and in ending work in process.
Conversion Costs
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