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Manufacturing has gathered the following information for the month of June 2022.: Unites in beginning work in process Units started into production Units in
Manufacturing has gathered the following information for the month of June 2022.: Unites in beginning work in process Units started into production Units in ending work in process Percent complete in ending work in process: Conversion costs Materials Costs incurred: Direct material costs Direct labor costs Instructions: Overhead costs a. Compute the total number of units transferred at the end of June, 2022. 65000 25000 = 140000 21,000 165,000 25,000 60% 100% $106,400 $170,800 $184,000 b. Compute equivalent units of production for materials and for conversion costs. C. Determine the unit costs of production (cost per unit) for both materials and conversion. d. Show the assignment of costs to units transferred out. e. Show the assignment of costs to units in ending work in process at June 30.
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