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McIntyre Industries work in process inventory account had a $75,000 beginning balance on May 1. ($45,000 of this related to direct materials used during April,
McIntyre Industries work in process inventory account had a $75,000 beginning balance on May 1. ($45,000 of this related to direct materials used during April, while $30,000 related to conversion costs incurred during April.) During May, the following costs were incurred in the department: Direct Materials used $100,000 Direct Labour $20,000 MOH allocated to the department $150,000 Summarize the departments total costs to account for. Complete the schedule below that summarizes the departments total costs to account for by direct material and conversion costs
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