In its first month of operations (May 2016), Allred Company's Department 1 incurred charges of $216,000 for direct materials (13,500 units), $116,100 for direct labor, and $40,500 for manufacturing overhead. At month end, 12,750 units had been finished and transferred out. Those remaining were finished with respect to material but only 40% finished with respect to conversion.

Flow of Units and Equivalent Units Calculation
		Equivalent Units
		% Work done	Direct Materials	% Work Done	Conversion Costs
Complete/Transferred	Answer	Answer%	Answer	Answer%	Answer
Ending Inventory	Answer	Answer%	Answer	Answer%	Answer
Total	Answer	a.	Answer		Answer	a.

Product Cost Report
			Direct Materials		Conversion Costs
Beginning Inventory	$Answer		$Answer		$Answer
Current	Answer		Answer		Answer
Total Costs to Account For	$Answer		$Answer		$Answer
Total Equivalent Units			Answer		Answer
Average cost / Equivalent unit			$Answer	b.	$Answer	b.
Complete / Transferred:
Direct Materials	$Answer
Conversion costs	Answer
Cost of Goods Manufactured	$Answer	c.
Ending Inventory:
Direct Materials	$Answer
Conversion costs	Answer
Cost of Ending Inventory	$Answer	d.
Total Costs Allocated	$Answer	e.