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Badgersize Company has the following information for its Forming Department for the month of August: Work in Process Inventory, August 1: 20,000 units Direct materials:
Badgersize Company has the following information for its Forming Department for the month of August: Work in Process Inventory, August 1: 20,000 units Direct materials: 100% complete $ 80,000 Conversion: 20% complete 24,000 Balance in work in process, August 1 $ 104,000 Units started during August 50,000 Units completed and transferred in August 60,000 Work in process (70% complete), August 31 ? Costs charged to Work in Process in August Direct materials $ 150,000 Conversion costs: Direct labor $ 120,000 Overhead applied 132,000 Total conversion $ 252,000 Assume materials are added at the start of processing. Complete a production cost report for the Badgersize Company Forming Department for the month of August. (Round your Costs per equivalent units to 2 decimal places. Leave no cells blank - be certain to enter "0" wherever required. Omit the "$" sign in your response.) Production Cost Report Forming Department For the month of August Part I. Physical Flow Total Units Inputs
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