Question
MacIntosh Company's Work in Process Inventory account had a $ 70,000 beginning balance on May 1 ($ 40,000 of this related to direct materials used
MacIntosh Company's Work in Process Inventory account had a $ 70,000 beginning balance on May 1 ($ 40,000 of this related to direct materials used during April, while $ 30 comma 000 related to conversion costs incurred during April). During May, the following costs were incurred in the department: Summarize the department's "Total costs to account for." Prepare a schedule that summarizes the department's total costs to account for by direct materials and conversion costs.
Summarize the department's "Total costs to account for." Prepare a schedule that summarizes the department's total costs to account for by direct materials and conversion costs.
Begin by selecting the appropriate labels for the schedule, then complete each column of the table separately. MacIntosh Industries Month Ended May 31 Total Direct Conversion Materials Costs Costs - X i Data Table Direct materials used 106,000 18,000 Direct labor. Manufacturing overhead allocated.to.the.department $ 151,000Step by Step Solution
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