x

Do It! Review 16-4 In March, Kelly Company had the following unit production costs: materials $11 and conversion costs $9. On March 1, it had no work in process. During March, Kelly transferred out 28,500 units. As of March 31, 3,500 units that were 35% complete as to conversion costs and 100% complete as to materials were in ending work in process.

	Your answer is correct.

Compute the total units to be accounted for.

Total units

SHOW SOLUTION

LINK TO TEXT

	Your answer is incorrect. Try again.

Compute the equivalent units of production.

		Materials		Conversion costs
The equivalent units of production

LINK TO TEXT

	Your answer is incorrect. Try again.

Prepare a cost reconciliation schedule, including the costs of materials transferred out and the costs of materials in process.

Cost Reconciliation Schedule
Costs accounted for
Transferred out			$
Work in process, March 31
Materials	$
Conversion costs
Total costs			$

Click if you would like to Show Work for this question:

Open Show Work