Nader Paints makes an environmentally sound paint. The following data are available for the month of April:

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Nader Paints makes an environmentally sound paint. The following data are available for the month of April:

Percentage Units Complete Costs (LO 3,4, 6)

Beginning WIP inventory, April....cccccccccececeecee, 11,000

| Oitectimatetialge... * oan ae 75% $ 3,200 Conversiomcoste an 70 1,450 MDNE Statte ela AI Sencidvectienss vnasxcou,dbenun ntgn 6,000 Costs incurred in April:

Direotimateiial Seren curcSaeks sceertewieec er as: 16,000 CONVETSIOMOOSIS Batns. ee A teeti eee osncaoesnara: 15,800 EtOGlin GIVVU AG VEILONVpeeRteaedt teeea Chtehta ecace c a 3,000 Bireetsinateyal lse ean seetoa coses eemeda k 80 COnVersionicOsiswi wet Rie Asieak b een 60 SPOUAG CHAAR REN: Sere Sire Pearse BE Jy 200 DITeetImaterialS#Aas SentaS,OM AL le 100 GOHVETSION.COSTSH ass se tates ah 100 Required

a. Prepare a production cost report using weighted-average costing.

b. Show the flow of costs through the WIP Inventory T-account.

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Related Book For  book-img-for-question

Cost Management Strategies For Business Decisions

ISBN: 12

4th Edition

Authors: Ronald Hilton, Michael Maher, Frank Selto

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