Longboard Skateboard's finishing department has 50,000 units in inventory at the beginning of the month. The beginning Inventory cost of $90,500 consists of $54,500 of direct materials and $36.000 of conversion costs During the month, the department started 150,000 units and ending inventory is 30,000 units Ending inventory is 30% complete w/t/DM and 20% complete w/r/t conversion, Cost Information for the finishing department is below Beginning inventory 90.500 $ 5 930,000 $ 300,000 DM added during the period Conversion added during the period TOTAL 1) Determine the physical flow 1.820.500 Started Finished Beginning inventory Ending Inventory Beginning inventory Finished Started Total Ending investory Tot 2) Calculate LUP Percent complete OM Conversion LUP OM Conversion Completed Direct Materials Conversation EUP Calculation 3) Calculate cost per EUP Beginning inventory OM added in the period Conversion added in the period Costs EUP Cost per EUP Total cost of one unit LOMConvert 4) Assign and reconcile costs Costs transferred to finished Goods OM Costs Reconcile to now costs Total Beginning inventory Conversion OM added during the period conversion added during the period TOTAL Total costs transferred to Finished Goods Costs remaining in Ending Inventory Costs OM Conversion Total Costs remaining in Ending inventory Total Costs Transferred to Finished Goods Ending Inventory) Ending inventory Longboard Skateboard's finishing department has 50,000 units in inventory at the beginning of the month The beginning Inventory cost of 590 500 consists of $54.500 of direct materials and $36.000 of conversion conta During the month, the department started 150.000 units and ending inventory is 30.000 units Ending inventory is 30% complete wit/DM and 20% complete w/t/t conversion Cost information for the finishing departments below Beginning inventory 5 90.500 OM added during the period 5 950.000 Conversion added during the period 800.000 TOTAL LA20.500 1) Determine the physical flow Beginning inventory Started Finished Beginning inventory Finished Started Coding inventory Total Total 2) Calculate EUP Percent comte OM Completed Direct Materials Conversation CUP Calculation EUP 3) Calculate tost per EUP OM Convention Beginning inventory OM added in the period Convention added in the period Costi Conversion FUP Cost per tUp DM C Total cost of one unit 4) Assign and reconcile costs Conte transferred to Finished Goods OM Costa Total Reconcile to known coats Beginning inventory Conversion Total cost transferred to in thed Goods Costs remaining in Ending Inventory OM added during the seriod Conversion added during the period TOTAL Costs DM Conversion Total Costs remaining in Ending inventory Total Costs Transferred to finished Goods Ending Inventory Longboard Skateboard's finishing department has 50,000 units in inventory at the beginning of the month. The beginning Inventory cost of $90,500 consists of $54,500 of direct materials and $36.000 of conversion costs During the month, the department started 150,000 units and ending inventory is 30,000 units Ending inventory is 30% complete w/t/DM and 20% complete w/r/t conversion, Cost Information for the finishing department is below Beginning inventory 90.500 $ 5 930,000 $ 300,000 DM added during the period Conversion added during the period TOTAL 1) Determine the physical flow 1.820.500 Started Finished Beginning inventory Ending Inventory Beginning inventory Finished Started Total Ending investory Tot 2) Calculate LUP Percent complete OM Conversion LUP OM Conversion Completed Direct Materials Conversation EUP Calculation 3) Calculate cost per EUP Beginning inventory OM added in the period Conversion added in the period Costs EUP Cost per EUP Total cost of one unit LOMConvert 4) Assign and reconcile costs Costs transferred to finished Goods OM Costs Reconcile to now costs Total Beginning inventory Conversion OM added during the period conversion added during the period TOTAL Total costs transferred to Finished Goods Costs remaining in Ending Inventory Costs OM Conversion Total Costs remaining in Ending inventory Total Costs Transferred to Finished Goods Ending Inventory) Ending inventory Longboard Skateboard's finishing department has 50,000 units in inventory at the beginning of the month The beginning Inventory cost of 590 500 consists of $54.500 of direct materials and $36.000 of conversion conta During the month, the department started 150.000 units and ending inventory is 30.000 units Ending inventory is 30% complete wit/DM and 20% complete w/t/t conversion Cost information for the finishing departments below Beginning inventory 5 90.500 OM added during the period 5 950.000 Conversion added during the period 800.000 TOTAL LA20.500 1) Determine the physical flow Beginning inventory Started Finished Beginning inventory Finished Started Coding inventory Total Total 2) Calculate EUP Percent comte OM Completed Direct Materials Conversation CUP Calculation EUP 3) Calculate tost per EUP OM Convention Beginning inventory OM added in the period Convention added in the period Costi Conversion FUP Cost per tUp DM C Total cost of one unit 4) Assign and reconcile costs Conte transferred to Finished Goods OM Costa Total Reconcile to known coats Beginning inventory Conversion Total cost transferred to in thed Goods Costs remaining in Ending Inventory OM added during the seriod Conversion added during the period TOTAL Costs DM Conversion Total Costs remaining in Ending inventory Total Costs Transferred to finished Goods Ending Inventory