Manufacturing Process Information "Spartan Cases, Inc." started a small manufacturing plant that fabricates Aluminum Cases. The manufacturing process starts by acquiring aluminum from raw materials, molds them into the case form and then transfers them to finished goods. This process is completely automated. Direct material Aluminum is added 100% at the beginning of the process. Conversion costs are added equally throughout the process. Conversion is 40% complete for the beginning inventory work in process and 60% complete for the ending inventory work in process. At the beginning of the accounting period, "Spartan Cases, Inc." estimated that production would be 2,300 cases. Estimated factory overhead is $5,885.00. The estimated base for the predetermined overhead rate is 1,177 hours. This information is to be used to determine the application rate for overhead. Estimated and actual direct labor costs totaled $8,234.40. Actual factory overhead costs totaled $9,325.00. The following information is available concerning the direct materials. Direct Materials- Aluminum Beginning inventory Purchase of Aluminum Ending Inventory 500 pounds @ $2.00 per unit 3,000 pounds @ $2.00 per unit 300 pounds @ $2.00 per unit One pound of aluminum makes 1 Aluminum case. 1,800 cases were started. The work in process account has the following information: Beginning Work in Process contains 500 Aluminum Cases with a cost transferred in of $3,814.00. Ending work in process contains 300 Aluminum Cases. The finished goods account has the following Information: Beginning Finished Goods Ending Finished Goods Tax rate is 30% 300 Aluminum Cases @ $12 each = $3,600 400 Aluminum Cases The selling price of the case is $100 per case and 1,900 cases were sold. Selling and Administrative Costs totaled $2,500 and the tax rate is 30%.