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2. Badgersize Company has the following information for its Forming Department for the month of August 20,000 units 50,000 units 60,000 units ? ? Work
2. Badgersize Company has the following information for its Forming Department for the month of August 20,000 units 50,000 units 60,000 units ? ? Work In Process Inventory, August 1 Units started during August Units completed and transferred in August Direct materials (100% complete, August 31) Conversion costs (70% complete, August 31) Costs charged to work in Process in August Direct materials Conversion costs: Direct labor Overhead applied Total conversion $150,000 $120,000 $132,000 $252,000 for Direct materials were 100% complete and conversion was 20% complete on August 1. Fill the the highligted parts (in blue) of the following tables. Show calculations in each box Table 1 (30 points) Input resources required Direct Materials (Units) Conversion (Units) Beginning Inventory Direct Materials Conversion To start and complete Ending inventory Direct materials Conversion Total equivalent units Table 2 (10 points) Direct Materials ($) Conversion costs ($) Cost per equivalent resource
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