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Alpha Company had the following information for FY 2017: Work in Process - 1/1/17 Units Started into Production Work in Process -12/31/17 Direct Material put
Alpha Company had the following information for FY 2017: Work in Process - 1/1/17 Units Started into Production Work in Process -12/31/17 Direct Material put into Production Direct Labor put into Production Factory Overhead put into Producton$603,750 100,000 units 575,000 units 75,000 units $575,000 $240,000 The beginning work in process was 100% complete as to direct materials and 75% complete as to conversion costs. The ending work in process was 100% complete as to direct materials and 50% comp as to conversion costs. The beginning work in process consisted of: Direct Material $100,000 Conversion Costs $112,500 Conversion Costs $112,500 pha Company uses the weighted-average method. Use this information to prepare December 31, 2017, summary General Journal entries, without explanations, to record the direct material, direct labor and factory overhead into the work in process account for FY 2017. Prepare the December 31, 2017 General Journal entry to transfer completed units to the finished goods inventory. (Round any final dollar answers to the nearest whole dollar) Al
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