I think we goofed when we hired that new assistant controller, said Ruth Scarpino, president of Provost Industries. Just look at this report that he prepared for last month for the Finishing Department. I cant understand it.

Finishing Department costs:
Work in process inventory on April 1 - 24,000 units; materials 100% complete; conversion 87.5% complete	$	33,080	*
Costs transferred in during the month from the preceding department, 96,000 units		172,800
Materials cost added during the month		43,320
Conversion costs incurred during the month		169,650
Total departmental costs	$	418,850
Finishing Department costs assigned to:
Units completed and transferred to finished goods, 100,000 units at $4.1885 per unit	$	418,850
Work in process inventory on April 30 - 20,000 units; materials 0% complete; conversion 40% complete		0
Total departmental costs assigned	$	418,850

*Consists of cost transferred in, $9,210; materials cost, $4,170; and conversion cost, $19,700.

Hes struggling to learn our system, replied Frank Harrop, the operations manager. The problem is that hes been away from process costing for a long time, and its coming back slowly.

Its not just the format of his report that Im concerned about. Look at that $4.1885 unit cost that hes come up with for April. Doesnt that seem high to you? said Ms. Scarpi

1-b.	How much cost should have been assigned to the ending work in process inventory? (Do not round your intermediate calculations.)

1-c.	How much cost should have been assigned to the units completed and transferred to finished goods? (Do not round your intermediate calculations.)