87 89 8585 90 91 sheryl pascasio SP AutoSave Process Casting Exercise- File Home Insert Draw Page Layout Formulas Dua Review View Help QuidBooks Calibri A A Wrap Test Gerard Paste a BIU -A NEE Merge & Center 5-%98 Conditional Format as Call Formatting Table Insert Delete Format Styles Clipboard Font Alignment Number 10 Styles Celh C45 A Beginning work in proces, May 1 (20% complete as to direct materials, 70% complete as to conversion cost) Transferred in from TileForming Department during May Completed and trasferred out to Finished Goods Inventory during May Ending work in process, May 31 (36% complete as to direct materials, 80% complete as to conversion cost) D E F H 4,000 16,000 15.000 5,000 92 93 Information about costs: 94 95 97 98 99 100 Required: 38858835BAE 101 102 Beginning work in proces, May 1 (transferred in costs, $10,000; direct materials costs $488; conversion costs, $5,530 Transferred in from Tile-Forming Department during May (Exercise A-5) Finishing Department direct materials added during May Finishing Department conversion added during May- Required: $ 16,018 5,400 24,300 1. Use the steps of process costing to assign the Finishing Department's total costs to account for to units completed and units in ending WIP Inventory 103 104 2. Prepare the journal entry to transfer the appropriate amount of cost tp finished good inventory 105 106 3. What is the cost of making one unit of product from strat to finish? Sheet1 EM Share 4 Sat & Find & Fiber Select Edorg idea a