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need help with this problem ty The Blending Department of Long Company has these cost and production data for the month of April. Costs: Work

need help with this problem ty

The Blending Department of Long Company has these cost and production data for the month of April.

Costs:

Work in process, April 1

Direct materials: 100% complete $ 100,000

Conversion costs: 20% complete 70,000

Cost of work in process, April 1 $ 170,000

Costs incurred during production in April

Direct materials $ 800,000

Conversion costs 365,000

Costs incurred in April $ 1,165,000

Units completed and transferred out totaled 17,000. Ending work in process was 1,000 units that are 100% complete as to materials and 40% complete as to conversion costs.

Instructions

(a) Compute the equivalent units of production for (1) materials and (2) conversion costs

for the month of April.

(b) Compute the unit costs for the month.

(c) Determine the costs to be assigned to the units completed and transferred out and in

ending work in process.

(a) Equivalent Units
Materials Conversion Costs
Units completed & transferred out
Work in process (April 30)
1,000 units @ 100%
1,000 units @ 40%
Equivalent Units of Production
(b) Materials Conversion Costs Total
Total cost
Equivalent units
Unit costs
(c) Completed & transferred out (dollar amount)
Work in process
1,000 units @ 100%
1,000 units @ 40%
Total Costs

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