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EM3A-31 (similar to) * Requirements John's Frozen Pizzas uses FIFO process costing. Selected production and cost data follow for April 2024. (Click the icon to
EM3A-31 (similar to) * Requirements John's Frozen Pizzas uses FIFO process costing. Selected production and cost data follow for April 2024. (Click the icon to view the production and cost data.) Read the requirements. Requirement 1a. On March 31, the Prepping Department beginning Work-in-Process Inventory was 25% complete for materials and 45% complete for conversion costs. This means that for the beginning inventory % of the materials and % of the conversion costs were added during April. 1 Calculate the following: a. On March 31, the Prepping Department beginning Work-in-Process Inventory was 25% complete for materials and 45% complete for conversion costs. This means that for the beginning inventory % of the materials and % of the conversion costs were added during April b. On April 30, the Prepping Department ending Work-in-Process Inventory was 65% complete for materials and 80% complete for conversion costs. This means that for the ending inventory_of the materials and % of the conversion costs were added during April. 2. Use the information in the table and the information in Requirement 1 to compute the equivalent units of production for direct materials, and conversion costs for the Prepping Department Print Done * Data Table Prepping Department 23,000 85,000 108,000 Units to account for: Beginning work-in-process, March 31 Started in April Total units to account for Units accounted for: : Completed and transferred out during April: From beginning work-in-process inventory Started and completed during April Ending work-in-process, April 30 23,000 65,000 20,000 108,000 Total units accounted for Enter any number in the edit fields and then click Check Answer. Print Done A parts
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