A-B

Power Audio Inc. manufactures audio speakers. Each speaker requires $52 per unit of direct materials. The speaker manufacturing assembly cell includes the following estimated costs for the period: Speaker assembly cell, estimated costs: The operating plan calis for 800 operating hours for the period. Each speaker requires 12 minutes of cell process time. The unit selling price for each speaker is $60. During the period, the foliowing transactions occurred: 1. Purchased materials to produce 2,000 speaker units. 2. Applied conversion costs to production of 1,800 speaker units. 3. Compieted and transferred 1,800 speaker units to finished goods. 4. Sold 1,600 speaker units. There were no inventories at the beginning of the period. b. Determine the ending balance of Raw and In Process Inventory and Finished Goods Inventory. Raw and In Process Inventory, ending balance $ Finished Goods Inventory, ending balance \$