Bremen Fitness Products produces a sports drink. On October 1, it had no work-in-process inventory. It...

 

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Bremen Fitness Products produces a sports drink. On October 1, it had no work-in-process inventory. It started production of 9,400 cases of the drink in October and shipped 8,000 cases to retailers. (Bremen holds no finished goods inventory.) The costs of the resources used by Bremen in October consist of the following. Materials Conversion costs (labor and overhead) $ 87,523 144,005 Required: The production supervisor estimates that the ending work in process is 55 percent complete on October 31. Compute the cost of cases shipped and the amount in work-in-process ending inventory as of October 31. Note: Do not round intermediate calculations. Cost of cases shipped Work-in-process ending inventory Bremen Fitness Products produces a sports drink. On October 1, it had no work-in-process inventory. It started production of 9,400 cases of the drink in October and shipped 8,000 cases to retailers. (Bremen holds no finished goods inventory.) The costs of the resources used by Bremen in October consist of the following. Materials Conversion costs (labor and overhead) $ 87,523 144,005 Required: The production supervisor estimates that the ending work in process is 55 percent complete on October 31. Compute the cost of cases shipped and the amount in work-in-process ending inventory as of October 31. Note: Do not round intermediate calculations. Cost of cases shipped Work-in-process ending inventory