Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below! During April, the production department of a process manufacturing system completed a number of units of a product and transferred them to finished goods. Of these transferred units, 71,000 were in process in the production department at the beginning of April and 284.000 were started and completed in April. April's beginning inventory units were 65% complete with respect to materials and 35% complete with respect to conversion. At the end of April, 93,000 additional units were in process in the production department and were 90% complete with respect to materials and 40% complete with respect to conversion Exercise 16-11A FIFO: Costs assigned to output LO C4, P4 . The production department had $1,106,991 of direct materials and $800,823 of conversion costs charged to it during April. Also, its beginning inventory of $207,646 consists of $165,239 of direct materials cost and $42,407 of conversion costs. Using the FIFO method, prepare the direct materials cost and the conversion cost per equivalent unit and assign April's costs to the department's output (Round "Cost per EUP" to 2 decimal places.) Units % Materials EUP-Materials % Conversion EUP Conversion Units to complete beginning work in process Units started and completed Units in ending work in process Equivalent units of production Cost per Equivalent Unit of Production Materials Conversion Costs Total costs + Equivalent units of production Cost per equivalent unit of production (rounded to 2 decimals) Total Costs to Account for: Costs EUP EUP 0 0 + 0 S 0.00 nes Total costs to account for Total costs accounted for Difference due to rounding costunit Assignment of Costs to Output of Department Cost of 71,000 units from beginning inventory Beginning inventory 5 0.00 EUP Cost per EUP Total cost Materials to complete Conversion to complete Total costs to complete Total cost of 71.000 units in beginning inventory Cost of its started and completed this period Direct mails 0.00 EUP Cost per FUP Total cost 0005 000 ME Gr $ 0.00 0.00 Conversion costs Total cost of 284.000 units started and completed Total cost of 355,000 units transferred out Costs of unitsin ending Inventory Dieet materials Conversion costs Total cost of 93.000 units in ending inventory Total costs assigned EUP Cost per Total cost EUP $ 000 $ 0.00 S 0.00 0.00 Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below! During April, the production department of a process manufacturing system completed a number of units of a product and transferred them to finished goods. Of these transferred units, 71,000 were in process in the production department at the beginning of April and 284.000 were started and completed in April. April's beginning inventory units were 65% complete with respect to materials and 35% complete with respect to conversion. At the end of April, 93,000 additional units were in process in the production department and were 90% complete with respect to materials and 40% complete with respect to conversion Exercise 16-11A FIFO: Costs assigned to output LO C4, P4 . The production department had $1,106,991 of direct materials and $800,823 of conversion costs charged to it during April. Also, its beginning inventory of $207,646 consists of $165,239 of direct materials cost and $42,407 of conversion costs. Using the FIFO method, prepare the direct materials cost and the conversion cost per equivalent unit and assign April's costs to the department's output (Round "Cost per EUP" to 2 decimal places.) Units % Materials EUP-Materials % Conversion EUP Conversion Units to complete beginning work in process Units started and completed Units in ending work in process Equivalent units of production Cost per Equivalent Unit of Production Materials Conversion Costs Total costs + Equivalent units of production Cost per equivalent unit of production (rounded to 2 decimals) Total Costs to Account for: Costs EUP EUP 0 0 + 0 S 0.00 nes Total costs to account for Total costs accounted for Difference due to rounding costunit Assignment of Costs to Output of Department Cost of 71,000 units from beginning inventory Beginning inventory 5 0.00 EUP Cost per EUP Total cost Materials to complete Conversion to complete Total costs to complete Total cost of 71.000 units in beginning inventory Cost of its started and completed this period Direct mails 0.00 EUP Cost per FUP Total cost 0005 000 ME Gr $ 0.00 0.00 Conversion costs Total cost of 284.000 units started and completed Total cost of 355,000 units transferred out Costs of unitsin ending Inventory Dieet materials Conversion costs Total cost of 93.000 units in ending inventory Total costs assigned EUP Cost per Total cost EUP $ 000 $ 0.00 S 0.00 0.00
