Cost Allocation Schedule:

Alpha Company
Cost Allocation Schedule
For the Year Ended 12/31/17

Question 5 (18 points) Alpha Company had the following information for FY 2017: Work in Process 1/1/17 100,000 units 575,000 units 75,000 units $575,000 $843,750 Units Started into Production Work in Process -12/31/17 Direct Material put into Production Conversions Costs put into Production 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 $943,750 Conversion Costs $303,750 Alpha Company uses the weighted-average method. Use this information to prepare the Cost Allocation section of the Cost of Production Report for FY 2017. (Round all final dollar values to the nearest whole dollar.) (Note: there are additional lines in the blank answer schedule.)