4-1B Production Report

Ritchie Company has two departments. Its first department (the Melting Department) shows the following data for the month of April:

Work in process, beginning:
Units in process	400
Stage of completion with respect to materials	60%
Stage of completion with respect to conversion	85%
Costs in the beginning inventory:
Materials cost	$170
Labour cost	$160
Overhead cost	$300
Units started into production during the month	1,100
Units completed and transferred out	1,400
Costs added to production during the month:
Materials cost	$1,300
Labour cost	$800
Overhead cost	$1,700
Work in process, ending:
Units in process	???
Stage of completion with respect to materials	70%
Stage of completion with respect to conversion	80%

Choose from below options to answer above:

Steps 4A& \& B allocate the costs form the period. Answer the following questions based on your calculations from Tony Bell's Accounting Workbook question 4-1B "Ritchie Company" The total costs to account for the period are? What is the total dollar (\$) amount allocated to the Ending Work in Process (WIP) for the period? What rate per equivalent unit (EU) did you use to calculate the conversion costs (CC) in this step? What is the total dollar ($) amount allocated to the completed and transferred out (C+TO) for the period? What are the number of Equivalent Units (EU) that were Completed \& Transferred Out (C+TO) during the period? Choose... * Choose... 1,500u $160 1,400u $4,430 $2,960 1,470u $4,200 $2.00/EU $1,470 $1.00/EU $230 $3.00/EU