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i need help with reconcyling for direct materials, conversion and total cost units completed and ending inventory. thanks Beginning work in process (100% complete for
i need help with reconcyling for direct materials, conversion and total cost units completed and ending inventory. thanks Beginning work in process (100% complete for materials, 80% complete for conversion) Decks transferred in Decks completed and transferred to Finished Goods Inventory Ending Work in Process (100% complete for materials, 45% complete for conversion Costs: Beginning work in process: Direct materials $ 204,000 Conversion cost $ 21,400 Costs transferred in $ 1,603,580 October costs: Direct materials 24,900 Conversion costs $ 854,228 Required: 1. Reconcile the total Cost to Account for the process. 2. Prepare a statement of total cost accounted for the process. Physical Units 284,000 Beginning work in process (100% complete for materials, 80% complete for conversion) Decks transferred in Decks completed and transferred to Finished Goods Inventory Ending Work in Process (100% complete for materials, 45% complete for conversion 3,240,000 3,240,000 ? Costs: Beginning work in process: Direct materials Conversion cost Costs transferred in October costs: Direct materials Conversion costs $ 204,000 $ 21,400 $1,603,580 $ $ 24,900 854,228
i need help with reconcyling for direct materials, conversion and total cost units completed and ending inventory. thanks
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