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Charlie Chairs Inc., manufactures plastic moldings for car seats. Its costing system utilizes two cost categories, direct materials and conversion costs. Each product must pass
Charlie Chairs Inc., manufactures plastic moldings for car seats. Its costing system utilizes two cost categories, direct materials and conversion costs. Each product must pass through Department A and Department B. Direct materials are added at the beginning of production. Conversion costs are allocated evenly throughout production. Data for Department A for February 2017 are: Work in process, beginning inventory, 45% converted Units started during February Work in process, ending inventory 650 units 840 units 160 units Costs for Department A for February 2017 are: Work in process, beginning inventory: Direct materials Conversion costs Direct materials costs added during February Conversion costs added during February S195,000 S202,000 S600,000 S435,000 O A. $300 B. $991 O C. $391 O D. $7,191 Charlie Chairs Inc., manufactures plastic moldings for car seats. Its costing system utilizes two cost categories, direct materials and conversion costs. Each product must pass through Department A and Department B. Direct materials are added at the beginning of production. Conversion costs are allocated evenly throughout production. Data for Department A for February 2017 are: Work in process, beginning inventory, 45% converted Units started during February Work in process, ending inventory 650 units 840 units 160 units Costs for Department A for February 2017 are: Work in process, beginning inventory: Direct materials Conversion costs Direct materials costs added during February Conversion costs added during February S195,000 S202,000 S600,000 S435,000 O A. $300 B. $991 O C. $391 O D. $7,191
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