Miller Outdoor Equipment (MOE) makes four models of tents The model names are Rookie, Novice, Hiker, and Expert MOE manufactures the tents in two departments Stitching and Customizing All four models are processed initially in Stitching where all material is assembled and sewn into a basic tent The Rookie model is then transferred to finished goods After processing in Stitching, the other three models are transferred to Customizing for additional add ons, and then transferred to finished goods There were no beginning work in process inventories on August 1 Data for August are shown in the following table Ending work in process is 50 percent complete in Stitching and 35 percent complete in Customizing Conversion costs are allocated based on the number of equivalent units processed in each department Total Rookie Novice Hiker Expert Units started 670 550 440 200 Units completed in Stitching 610 500 405 140 Units completed in Customizing 485 385 130 Materials $ 63,270 $ 20,770 $ 16,500 $ 17,600 $ 8,400 Conversion costs Stitching $ 51,260 Customizing 32,000 Total conversion costs $ 83,260 Required a What is the unit cost of each model transferred to finished goods in August b What is the balance of the Work in Process Inventory on August 31 for Stitching For Customizing Required A Required B What is the unit cost of each model transferred to finished goods in August (Round intermediate calculations to nearest whole number ) Unit Cost Product Rookie Novice Hiker Expert Required A Required B What is the balance of the Work in Process Inventory on August 31 for Stitching For Customizing (Round intermediate calculations to nearest whole number ) Work in Process Inventory Stitching Customizing Required A Required B What is the unit cost of each model transferred to finished goods in August (Round intermediate calculations to nearest whole number ) Unit Cost Product Rookie Novice Hiker Expert Required A Required B What is the balance of the Work in Process Inventory on August 31 for Stitching For Customizing (Round intermediate calculations to nearest whole number ) Work in Process Inventory Stitching Customizing

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Miller Outdoor Equipment (MOE) makes four models of tents. The model names are Rookie, Novice, Hiker, and Expert. MOE manufactures the tents in two departments:

Miller Outdoor Equipment (MOE) makes four models of tents. The model names are Rookie, Novice, Hiker, and Expert. MOE manufactures the tents in two departments: Stitching and Customizing. All four models are processed initially in Stitching where all material is assembled and sewn into a basic tent. The Rookie model is then transferred to finished goods. After processing in Stitching, the other three models are transferred to Customizing for additional add-ons, and then transferred to finished goods.

There were no beginning work-in-process inventories on August 1. Data for August are shown in the following table. Ending work in process is 50 percent complete in Stitching and 35 percent complete in Customizing. Conversion costs are allocated based on the number of equivalent units processed in each department.

	Total		Rookie		Novice		Hiker		Expert
Units started				670		550		440		200
Units completed in Stitching				610		500		405		140
Units completed in Customizing						485		385		130
Materials	$	63,270	$	20,770	$	16,500	$	17,600	$	8,400
Conversion costs:
Stitching	$	51,260
Customizing		32,000
Total conversion costs	$	83,260

Required:

a. What is the unit cost of each model transferred to finished goods in August?

b. What is the balance of the Work-in-Process Inventory on August 31 for Stitching? For Customizing? image text in transcribed

Required A Required B What is the unit cost of each model transferred to finished goods in August? (Round intermediate calculations to nearest whole number.) Unit Cost Product Rookie Novice Hiker Expert Required A Required B What is the balance of the Work-in-Process Inventory on August 31 for Stitching? For Customizing? (Round intermediate calculations to nearest whole number.) Work-in-Process Inventory Stitching Customizing Required A Required B What is the unit cost of each model transferred to finished goods in August? (Round intermediate calculations to nearest whole number.) Unit Cost Product Rookie Novice Hiker Expert Required A Required B What is the balance of the Work-in-Process Inventory on August 31 for Stitching? For Customizing? (Round intermediate calculations to nearest whole number.) Work-in-Process Inventory Stitching Customizing