Chapter 17, Problem 17.43P

1.

To determine

The completion percentage of IZ phone in the beginning work in progress inventory with respect to two inputs.

2.

To determine

The completion percentage of IZ phone, in the end, work in progress inventory with respect to two inputs.

3.

To determine

The standard cost per unit of direct material and conversion cost.

Given information:

Total cost of new unit started and completed is $8,061,300.

Total number of unit started and completed is 1,014,000

4.

To determine

The total cost of work in process inventory as on 1^st April 2014.