Question 1:Blue-Red Company started 7,400 units during the month of March. There were 1,880 units in the beginning work in process inventory and 2,880 units in the ending work in process inventory. Calculate units completed and transferred out during March.

Question 2:

Montreal Manufacturing Inc. has the following cost and production data for the month of April.

Beginning WIP	20,000	units
Started in production	104,000
Completed production	94,300
Ending WIP	29,700

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 process. Costs pertaining to the month of April are as follows:

Beginning inventory costs are:
Materials	$64,100
Direct labour	20,500
Factory overhead	14,200
Costs incurred during April include:
Materials	$572,000
Direct labour	190,200
Factory overhead	389,007

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
Totalequivalent units

Calculate the unit costs for the month.(Round unit cost to 3 decimal places, e.g. 15.256.)

Unit costs
Materials	$
Conversion Costs	$
The unit costs for the month	$

Determine the costs to be assigned to the units transferred out and in ending work in process.(Round answers to 0 decimal places, e.g. 5,275.)

Total	Material	Conversion
Beginning Inventory	$	$	$
Complete beginning WIP
Started and completed
Cost for units transferred out	$	$	$
Ending work in process
Total costs	$	$	$