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Martinson Company adds direct materials at the beginning of the process and adds conversion costs throughout the process. Data for the Finishing Department follows WIP,
Martinson Company adds direct materials at the beginning of the process and adds conversion costs throughout the process. Data for the Finishing Department follows WIP, April 1 Transferred-in costs in WIP, April 1 Direct materials (100%) in WIP, April 1 Conversion costs (75%) in WIP, April 1 Units transferred - in Transferred-in costs during April Units completed April direct materials cost April conversion costs WIP, April 30 12,000 units $79,940 $24,420 $23,400 47,000 $550,900 42,000 $155,500 $239,250 17,000 units OA. $4.53 OB. $5.11 O C. $4.88 OD. $5.43 Martinson Company adds direct materials at the beginning of the process and adds conversion costs throughout the process. Data for the Finishing Department follows WIP, April 1 Transferred-in costs in WIP, April 1 Direct materials (100%) in WIP, April 1 Conversion costs (75%) in WIP, April 1 Units transferred - in Transferred-in costs during April Units completed April direct materials cost April conversion costs WIP, April 30 12,000 units $79,940 $24,420 $23,400 47,000 $550,900 42,000 $155,500 $239,250 17,000 units OA. $4.53 OB. $5.11 O C. $4.88 OD. $5.43
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