1. Manchester Limited makes security alarms. At the beginning of March, following demands from shops over the summer period, there is no opening work in progress. The cost of production during March was as follows:

Direct material 10 725

Direct labour 6 600

Production overhead 3 900

Security alarms completed 2 750

Security alarms in progress 500

Work in progress is complete regarding materials but is 50% complete as it relates to direct labour and production overheads.

1. Complete the schedule below to calculate the cost per security alarm for the first month of production.

2. Calculate the month-end valuation for work in progress.

Cost Elements	Costs A	Completed Units B	Work Units C	In- complete % D	Progress Equivalent Units E	Total Equivalent Units F	Cost Per Unit G	WIP Valuation H
	$				C x D	B + E	A/F $	E x G $
Direct material
Direct labour
Production overhead
Total