Work in process, January 1, 20x1 (80% complete as to conversion) Units started in production Direct-material costs Direct-labor costs Req 4A Req 4B Units Materials Conversion Total cost of 12/31/x1 work in process 340,000 1,810,000 Complete this question by entering your answers in the tabs below. Number of Equivalent Units 4-a. Complete the following schedule as of December 31, 20x1, to compute the cost of work-in-process inventory. 4-b. Complete the following schedule as of December 31, 20x1, to compute the cost of finished-goods inventory. 350,000 $ 182,000 Cost per Equivalent Unit Direct Material 2 10 Costs Complete the following schedule as of December 31, 20x1, to compute the cost of work-in-process inventory. (Round "Cost per equivalent unit" to 2 decimal places.) $ $ 316,000 $ 318,400 $4,199,000 Direct Labor Total Cost $3,942,900 0

- a. Complete the following schedule as of December 31,201, to compute the cost of work-in-process inventory. b. Complete the following schedule as of December 31,201, to compute the cost of finished-goods inventory. Complete this question by entering your answers in the tabs below. Complete the following schedule as of December 31, 20x1, to compute the cost of work-in-process inventory. (Round "Cost per equivalent unit" to 2 decimal places.) Timing Technology, Inc., manufactures timing devices. During 20x1, 1,800,000 units were completed and transferred to finished-goods inventory. On December 31,20x1, there were 350,000 units in work in process. These units were 52 percent complete as to conversion and 100 percent complete as to direct material. Finished-goods inventory consisted of 594,000 units. Materials are added to production at the beginning of the manufacturing process, and overhead is applied to each product at the rate of 100 percent of direct-labor costs. There was no finished-goods inventory on January 1,201 A review of the inventory cost records disclosed the following information: - a. Complete the following schedule as of December 31,201, to compute the cost of work-in-process inventory. b. Complete the following schedule as of December 31,201, to compute the cost of finished-goods inventory. Complete this question by entering your answers in the tabs below. Complete the following schedule as of December 31, 20x1, to compute the cost of work-in-process inventory. (Round "Cost per equivalent unit" to 2 decimal places.) Timing Technology, Inc., manufactures timing devices. During 20x1, 1,800,000 units were completed and transferred to finished-goods inventory. On December 31,20x1, there were 350,000 units in work in process. These units were 52 percent complete as to conversion and 100 percent complete as to direct material. Finished-goods inventory consisted of 594,000 units. Materials are added to production at the beginning of the manufacturing process, and overhead is applied to each product at the rate of 100 percent of direct-labor costs. There was no finished-goods inventory on January 1,201 A review of the inventory cost records disclosed the following information