Data--- September 1 was the start of the companys operations. The company had no operations prior to September 1. Work in Process is abbreviated as WIP.

During September, the first month of operation--

1. Direct materials added to production totaled $55,500.

2. Direct labor costs incurred/added to production totaled $82,600.

3. Manufacturing overhead costs added to production totaled $119,000.

4. 10,000 units were 100% complete and transferred to the next department.

5. 5,000 physical units were in ending Work in Process (WIP).

6. Each unit in ending WIP inventory was 100% complete with respect to materials costs and 80% complete with respect to conversion costs.

Question:

1 Which account is debited and which account is credited for direct materials added to production totaled $55,500?

2 Which account is debited and which account is credited for direct labor costs incurred/added to production totaled $82,600?

3 Which account is debited and which account is credited for manufacturing overhead costs added to production totaled $119,000?

4 How many physical units were in beginning WIP on September 1?

5 How many physical units were started in production during September?

6 How many physical units were to be accounted for?

7 How many physical units were accounted for?

8 How many units were 100% complete and transferred to the next department?

9 How many equivalent units were there for materials?

10 How many equivalent units were there for conversion costs?