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The Sunline Processing Company had work in process at the beginning and end of March 2017 in its Painting Department as follows (Click the icon

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The Sunline Processing Company had work in process at the beginning and end of March 2017 in its Painting Department as follows (Click the icon to view the work-in-process information.) The company completed 35,000 units during March. Manufacturing costs incurred during March were direct materials costs of $150,000 and conversion costs of $300,000. Inventory at March 1 was carried at a cost of $25,000 (direct materials$5,000 and conversion costs-$20,000). Assuming Sunline uses FIFO costing, determine the equivalent units of work done in March, and calculate the cost of units completed and the cost of units in ending inventory Begin by entering the physical units in first, then calculate the equivalent units Equivalent Units Physical Direct Conversion Flow of Production Units Materials Costs Work in process, beginning Started during current period To account for Completed and transferred out during current period: Data Table Percentage of Completion From beginning work in process Direct Cersion Started and completed Work in process, ending Accounted for Equivalent unts of work done in current period Next, summarize the total costs to account for Costs 25% 20% Materials March 1 50% (20,000 units) (50,000 units) March 31 70% Print Done Total Direct Conversion Production Costs Materials Costs Total costs to account for ow calculate cost per equivalent unit for direct materials and conversion costs Direct Conversion Materials Costs ivide by ost per equivalent unit inally, assign total costs to units completed (and transferred out) and to units in ending work in process (WIP). Begin by calculating the total from beginning inventory, then calculate the total costs accounted for. Total Direct Conversion Production Costs Materials Costs Data Table Completed and transferred out Percentage of Completion Total from beginning inventory Direct Materials 50% 70% Conversion Costs 25% 20% Total costs of units completed and transfered out March 1 (20,000 units) (50,000 units) March 31 Total costs accounted for Print Done hoose from any list or enter any number in the input fields and then continue to the next

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