Romaine Company's Work in Process Inventory account had a $63,000 beginning balance on May 1 ($42,000 of

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Romaine Company's Work in Process Inventory account had a $63,000 beginning balance on May 1 ($42,000 of this related to direct materials used during April, while $21,000 related to conversion costs incurred during April). During May, the following costs were incurred in the department:
Direct materials used................................................................................ $101,000
Direct labor............................................................................................... $ 14,000
Manufacturing overhead allocated to the department............................ $158,000
Summarize the department's "Total costs to account for." Prepare a schedule that summarizes the department's total costs to account for by direct materials and conversion costs.
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Managerial Accounting

ISBN: 978-0132890540

3rd edition

Authors: Karen W. Braun, Wendy M. Tietz

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