Question
Alpha Company Had The Following Information For FY 2017: Work In Process - 1/1/17 100,000 Units ... Question: Alpha Company had the following information for
Alpha Company Had The Following Information For FY 2017: Work In Process - 1/1/17 100,000 Units ... Question: Alpha Company had the following information for FY 2017: Work in Process - 1/1/17 100,000 u... Alpha Company had the following information for FY 2017: Work in Process - 1/1/17 100,000 units Units Started into Production 575,000 units Work in Process - 12/31/17 75,000 units Direct Material put into Production $575,000 Direct Labor put into Production $843,750 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% complete as to conversion costs. The beginning work in process consisted of: Direct Material $100,000 Conversion Costs $112,500 Alpha company uses the weight-average method.
Use the information to determine for FY 2017. Use this information to prepare the cost allocation section of the Cost of Production Report for FY 2017.
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