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MacTrane Company's Work in Process Inventory account had a $62,000 beginning balance on July 1 ($41,000 of this related to direct materials used during June,
MacTrane Company's Work in Process Inventory account had a $62,000 beginning balance on July 1 ($41,000 of this related to direct materials used during June, while $21,000 related to conversion costs incurred during June). During July, the following costs were incurred in the department: EEB (Click the icon to view the data from July) 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. MacTrane Industries Month Ended July 31 Direct Conversion Total Materials Costs Costs Beginning work in process, July1 Data Table Direct materials used Direct labor Manufacturing overhead allocated to the department $ 102,000 $ 18,000 $ 152,000 Print Done
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