Blossom Manufacturing Ltd, has the following cost and production data for the month of November. Conversion...
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Blossom Manufacturing Ltd, has the following cost and production data for the month of November. Conversion costs are incurred uniformly throughout the process. Units in beginning work in process 16,000 Units started into production 100,000 Units completed and transferred 90,000 Units in ending work in process 26,000 The ending inventory was 40% complete for conversion costs. Materials are added at the beginning of the process Costs pertaining to the month of November are as follows: Beginning inventory costs are: Direct materials Direct labour Manufacturing overhead Costs incurred during November include: Direct materials $63,000 18,000 13,000 $517,000 Beginning inventory costs are: Direct materials Direct labour Manufacturing overhead Costs incurred during November include: $63,000 18,000 13,000 Direct materials $517,000 Direct labour 195,000 Manufacturing overhead 326,200 Your answer is correct. Calculate the equivalent units of production for materials and for conversion costs. Direct Materials Equivalent units of production 116000 eTextbook and Media Conversion Costs 100400 Attempts: 1 Determine the unit production costs. (Round unit costs to 3 decimal places, e.g. 15.251.) Unit Product Costs 10 10.189 Conversion costs $ 5.189 Materials Total S Show the assignment of costs to units completed and transferred out and to work in process at the end of the period. (Round answers to the nearest whole dollar, eg. 5,275.) Transferred out Work in process Direct materials Conversion costs Total costs Blossom Manufacturing Ltd, has the following cost and production data for the month of November. Conversion costs are incurred uniformly throughout the process. Units in beginning work in process 16,000 Units started into production 100,000 Units completed and transferred 90,000 Units in ending work in process 26,000 The ending inventory was 40% complete for conversion costs. Materials are added at the beginning of the process Costs pertaining to the month of November are as follows: Beginning inventory costs are: Direct materials Direct labour Manufacturing overhead Costs incurred during November include: Direct materials $63,000 18,000 13,000 $517,000 Beginning inventory costs are: Direct materials Direct labour Manufacturing overhead Costs incurred during November include: $63,000 18,000 13,000 Direct materials $517,000 Direct labour 195,000 Manufacturing overhead 326,200 Your answer is correct. Calculate the equivalent units of production for materials and for conversion costs. Direct Materials Equivalent units of production 116000 eTextbook and Media Conversion Costs 100400 Attempts: 1 Determine the unit production costs. (Round unit costs to 3 decimal places, e.g. 15.251.) Unit Product Costs 10 10.189 Conversion costs $ 5.189 Materials Total S Show the assignment of costs to units completed and transferred out and to work in process at the end of the period. (Round answers to the nearest whole dollar, eg. 5,275.) Transferred out Work in process Direct materials Conversion costs Total costs
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