(Cost assignment; FIFO) Fresh Seasons Processors is a contract manufacturer for Delectable Dressing Company. Fresh Seasons uses a FIFO process cost¬ ing system to account for its salad dressing production. All ingredients are added at the start of the process. Delectable provides reusable vats to Fresh Seasons for the completed product to be shipped to Delectable for bottling, so Fresh Seasons incurs no packaging costs. April 2006 production and cost information for Fresh Seasons Processors is as follows:

a. How many gallons of dressing ingredients were started in April?

b. What is the total cost of the completed beginning inventory?
C. What is the total cost of goods completed during April?

d. What is the average cost per gallon of all goods completed during April?

e. What is the cost of April’s ending WIP inventory?LO1.

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Gallons of dressing in beginning inventory Gallons transferred out during April Gallons of dressing in ending inventory Costs of beginning inventory Direct material Direct labor Overhead Costs incurred in April Direct material Direct labor Overhead 36,000 242,000 23,500 $ 178,000 39,100 81,740 $1,136,025 451,450 723,195 The beginning and ending inventories had the following degrees of comple- tion each for labor and overhead: Direct labor Overhead Beginning Inventory 55% 70% Ending Inventory 15% 10%