Reutter, Inc. makes a single product and uses the FIFO method of process costing. The companys product goes through two processing departments Etching and Wiring which completes the process. This problem focuses on the Writing department which received the etched products and then completes them by adding appropriate writing. In Wiring, the direct materials are placed into production when the process is 35% complete. Conversion costs are incurred evenly throughout the process. The relevant information for April is below:

Beginning work in process inventory	10,000 items, 30% complete as to conversion
Units started in April	170,000 units
Ending work in process inventory	20,000 items, 40% complete as to conversion
	Transferred-In Materials Conversion
Cost of beginning work in process	$ 7,000 $ 0 $ 4,900
Current costs in April	$187,000 $153,000 $ 244,200

REQUIRED:

Complete and submit the following table including the T-Accounts. You can create your own new file or use this WORD document. Rather than typing in the numbers, you may want to write them in and send a scanned pdf file. The Drop Box does not accept JPEG or pictures.

Reutter, Inc.

Flow of production	Physical Units		Transferred-In	Direct Materials	Conversion
WIP, beginning
Transferred in
To account for
Units completed & Transf Beg WIP Started & Completed
WIP, ending
Accounted for
Costs		Totals	Transferred-In	Direct Materials	Conversion
WIP, beginning
Costs added during period
Total costs to account for
Divided by equivalent units
Assignment of costs
Completed units (completed and transferred) Beg WIP Costs Finish up Beg WIP units Started & Completed
WIP, ending
Costs accounted for