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Question 2: Romana paint produces exterior paint, which it sells in one-gallon containers. The company has two processing departments - Base Fab and Finishing, Information

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Question 2: Romana paint produces exterior paint, which it sells in one-gallon containers. The company has two processing departments - Base Fab and Finishing, Information relating to the Base fab department's April operation is as follows - 25,000 125,000 120,000 30,000 Production data: Units in process, April 1: Materials 60% complete, labor and overhead 60% complete Units started into production during April Units completed and transferred to finishing department Units in process, April 30: Materials 80% complete, labor and overhead 40% complete Cost data: Work in process inventory on April 1 Materials Labor Overhead Cost added during April: Materials Labor Overhead Total cost added during April $ 82,000 $ 41,000 $ 27,000 $410,000 $220,000 $160,000 $790,000 Compute the Base Fab Department's cost of ending work in process inventory and cost of completed units transferred to the next department. (8 Marks)

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