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QUESTION 20 You are a summer inte at Anchorage Enterprises. You were assigned to the Blending Department (one of six processes involved in the production

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QUESTION 20 You are a summer inte at Anchorage Enterprises. You were assigned to the Blending Department (one of six processes involved in the production of fertilizer) as an assistant to the department manager At the end of March the department manager forwarded the following information: Work in Process, March 1 20.000 units (Total cost, $44.000) Units start in production 164,000 units Ending units, March 31 24,000 units Percent complete (Ending Units, March 31) Materials 100% Conversion costs 60% TOTAL Costs incurred: Direct materials $ 101,200 Direct labor 164,800 Overhead 184,000 INSTRUCTIONS: 42 points The department manager has given you a project requiring that you prepare a report for March that shows the following a. The equivalent units of production for materials and conversion costs b. The unit cost of production c. The total cost assigned to units transferred out and (ii) incomplete unit QUESTION 20 You are a summer inte at Anchorage Enterprises. You were assigned to the Blending Department (one of six processes involved in the production of fertilizer) as an assistant to the department manager At the end of March the department manager forwarded the following information: Work in Process, March 1 20.000 units (Total cost, $44.000) Units start in production 164,000 units Ending units, March 31 24,000 units Percent complete (Ending Units, March 31) Materials 100% Conversion costs 60% TOTAL Costs incurred: Direct materials $ 101,200 Direct labor 164,800 Overhead 184,000 INSTRUCTIONS: 42 points The department manager has given you a project requiring that you prepare a report for March that shows the following a. The equivalent units of production for materials and conversion costs b. The unit cost of production c. The total cost assigned to units transferred out and (ii) incomplete unit

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