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Dick's Desks started manufacturing 1,000 Deluxe desks at the beginning of December. Due to delays, 20% of Dick's deluxe desks remained 40% incomplete at the
Dick's Desks started manufacturing 1,000 "Deluxe" desks at the beginning of December. Due to delays, 20% of Dick's deluxe desks remained 40% incomplete at the end of the month. If Dick's requisitioned direct materials costing $30,000, recorded $76,000 of direct labor cost, and applied overhead at the rate of 40% of materials cost: 1. What was the total applied overhead for the month of December? 2. What was the conversion cost-per-equivalent unit for the month of December? 3. What is the value of FGI inventory at the end of December? Question 4 (4 points) Felini's Feline Flufferall manufactures earrings and other jewelry products for cats. In the month of October Felini's started production on 50,000 units of the Mous-ears line of cat earrings. The company requisition materials costing $25,000; recorded direct labor in the amount of $35,000, and applied overhead at the rate of 80 cents per unit. What was the total conversion cost for the month of October
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