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Ivanhoe Manufacturing Inc. has the following cost and production data for the month of April. Units in beginning work in process 16,800 Units started into
Ivanhoe Manufacturing Inc. has the following cost and production data for the month of April. Units in beginning work in process 16,800 Units started into production 103,600 Units completed and transferred 92,600 Units in ending work in process 27,800 The beginning inventory was 60% complete for conversion costs. The ending inventory was 40% complete for conversion costs. Materials are added at the beginning of the process. Costs pertaining to the month of April are as follows: Beginning inventory costs are: Direct materials $63,300 Direct labour 18,400 Manufacturing overhead 13,500 Costs incurred during April include: Direct materials $574.980 Direct labour 194.500 Manufacturing overhead 376,704 (a) Calculate the equivalent units of production for materials and conversion costs for the month of April using the first-in, first- out (FIFO) method. Direct Materials Conversion costs Total equivalent units Save for Later Attempts: 0 of 2 used Submit
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