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Moravia Company processes and packages cream cheese. The following data have been compiled for the month of April. Conversion activity occurs uniformly throughout the production
Moravia Company processes and packages cream cheese. The following data have been compiled for the month of April. Conversion activity occurs uniformly throughout the production process. Work in process, April ll3,000 units: Direct material: 100% complete, cost of $ 17,000 Conversion: 20% complete, cost of 4,000 Balance in work in process, April 1 $ 21,000 Units started during April 122,000 Units completed during April and transferred out to finishedgoods inventory 100,000 Work in process, April 30: Direct material: 100% complete Conversion: 30% complete Costs incurred during April: Direct material $ 131,500 Conversion costs: Direct labor $ 47,200 Applied manufacturing overhead 104,605 Total conversion costs $ 151,805 1. Complete the following schedule for the month of April, to analyze the physical flow of units. Use the weighted-average method of process costing. Physical Units Units started during April Units completed and transferred out during April Total units to account for 0 Work in process, April 30 Work in process, April 1 Costs incurred during April Total units accounted for 02. Complete the following schedule for the month of April, to calculate equivalent units. Use the weightedaverage method of process costing. ork in process, April 1 131000_-_ nits started during April % _ _ nits completed and transferred out during April 100,000 % 100,000 _ Total units accounted for 113,000 Total equivalent units 100,000 0 3. Complete the following schedule for the month of April, to compute unit costs. Use the weightedaverage method of process costing. Note: Round "Cost per Equivalent Unit" to 2 decimal places. Costs incurred during April Total costs to account for Equivalent units $ 0 Costs per equivalent unit .0 4. Complete the following schedule for the month of April, to analyze total costs. Use the weightedaverage method of process costing. Note: Round "Cost per Equivalent Unit" to 2 decimal places. Direct material (Ending Work-in-Process Inventory) Conversion (Ending Work-in-Process Inventory) Total costs accounted for
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