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Need computation Montreal Manufacturing Inc. has the following cost and production data for the month of April. Beginning WIP Started in production Completed production Ending
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Montreal Manufacturing Inc. has the following cost and production data for the month of April. Beginning WIP Started in production Completed production Ending WIP 17,000 units 102,600 92,200 27,400 The beginning inventory was 60% complete for conversion costs. The ending inventory was 40% complete for conversion costs. Materials are added at the beginning of the process. Costs pertaining to the month of April are as follows: Beginning inventory costs are: Materials $65,000 Direct labour 21,100 Factory overhead 16,900 Costs incurred during April include: Materials $533,520 Direct labour 194,400 Factory overhead 381,952 your answer is correct. Calculate the equivalent units of production for materials and conversion costs for the month of April using the first-in, first-out (FIFO) method. Materials Conversion costs Total equivalent units 102600 92960 x Your answer is incorrect. Try again. Calculate the unit costs for the month. (Round unit cost to 3 decimal places, e.g. 15.256.) Unit costs Materials 5200 Conversion costs 6200 Total 11400 Step by Step Solution
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