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Beautiful Lips produces a lip balm used for cold-weather sports. The balm is manufactured in a single processing department. No lip balm was in process
Beautiful Lips produces a lip balm used for cold-weather sports. The balm is manufactured in a single processing department. No lip balm was in process on May 31, and Beautiful started production on 20,800 lip balm tubes during June. Direct materials are added at the beginning of the process, but conversion costs are incurred evenly throughout the process. Completed production for June totaled 15,600 units. The June 30 work in process was 40% of the way through the production process. Direct materials costing $4,992 were placed in production during June, and direct labor of $3,350 and manufacturing overhead of $1,954 were assigned to the process. Read the requirements cost per cquiaICHT amouTS II C sam vruci as calcula cu mic precum sp.) Lip Balm Department Month Ended June 30 Assigning Costs Direct Conversion Materials Costs Total a. Completed and transferred out: Equivalent units completed and transferred out 15600 24 15600 30 8424 b. Ending work in process: 5200 24 2080 30 1872 10296 Choose from any list or enter any number in the input fields and then continue to the next
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