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Martinwon Company adds direct materials at the beginning of the process and adds conversion costs throughout the process. The data listed below represents data in
Martinwon Company adds direct materials at the beginning of the process and adds conversion costs throughout the process. The data listed below represents data in the Finishing Department: 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 (100% for materials and 50% for conversion costs) 11,000 units $79.940 $24,420 $23,400 47,000 $550,900 45,000 $155,500 $239,250 13,000 units OA 00,000 Om $1,500 OC. 56.000 OD. 58,000
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