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Fish Fillet Incorporated obtains fish and then processes them into frozen fillets and then prepares the frozen fish fillets for distribution to its retail sales
Fish Fillet Incorporated obtains fish and then processes them into frozen fillets and then prepares the frozen fish fillets for distribution to its retail sales department. Direct materials are added at the initiation of the cycle. Conversion costs are incurred evenly throughout the production cycle. Before inspection, some fillets are spoiled due to non detectable defects. Inspection occurs when units are converted. Spoiled fillets generally constitute of the good fillets. Data for April are as follows.
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Use the weightedaverage processcosting method. What amounts are assigned to ending workinprocess for direct materials and conversion costs, respectively? Round to the nearest dollar.
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Part
A
$; $
B
$; $
C
$; $
D
$; $
E
$; $
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