The HoneyButter Company makes flavored butter in 1 pound containers. At the beginning of March, the firm's Mixing Department already had 10,000 pounds of butter in production. During the month, the firm started 100,000 pounds, and completed 95,000 pounds and transferred them to the Packaging Department. All direct materials are added at the beginning of the production cycle and conversion costs are added uniformly throughout the production process. The Weighted Average method of process costing is used by HoneyButter. Beginning work in process was 25% complete as to conversion costs, while ending work in process was 20% complete as to conversion costs.Other information about costs to date follow: 

Beginning inventory: Manufacturing costs added during the March accounting period

Direct materials costs $ 1,800Direct materials costs$154,400

Conversion costs$ 7,200Conversion costs$ 90,800

REQUIRED:

Complete and submit the following table including the T-Accounts.

2.Reutter, Inc.

Reutter, Inc. makes a single product and uses the FIFO method of process costing.The company's 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 startedin April

170,000 units

Ending work in process inventory

20,000 items,40% complete as to conversion

Transferred-InMaterialsConversion

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.