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Paloma transferred a total of 185,000 units to finished goods during November and had 6,000 units in ending WIP Inventory. The ending inventory units were

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Paloma transferred a total of 185,000 units to finished goods during November and had 6,000 units in ending WIP Inventory. The ending inventory units were 30 percent complete as to direct labor and 55 percent complete as to overhead. What percentage complete were the beginning inventory units as to direct material? Packaging? Direct labor? Overhead? What was the total cost of the completed beginning inventory units? What was the cost of the units started and completed in November? What was the cost of November's ending inventory? How Loud? Company mass-produces miniature speakers for personal sound system. The following T-account presents the firm's cost information for June 2008: The company has 1,000 units in process on June 1. These units were 60 percent complete as to material and 30 percent complete as to conversion. During June, the firm started 8, 400 units and ended the month with 300 units still in process. The units in the ending WIP Inventory were 80 percent complete as to material and 70 percent complete as to conversation. Complete the unit costs for June under the FIFO method for direct material and for conversation. Determine the total costs transferred to Finished Goods Inventory during June using the FIFO method. Prepare the entries for the direct material, direct labor, and overhead applied to production during June as as the transfer of the goods completed during June. Compute the unit costs for June under the weighted average method for direct material and for Determine the cost of inventory on June 30, using the weighted average method

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