Required:

How many units are in process at May $31?$

What is the unit materials cost for May? $($Round unit cost to $2$ decimal places, e$.$g$.2\mathrm{.}25.)$

What is the unit conversion cost for May? $($Round unit cost to $2$ decimal places, e$.$g$.2\mathrm{.}25.)$

What is the total cost of units completed and transferred out in May?

What is the cost of the May $31$ work in process inventory?

Transcribed Image Text:

The ledger of Sandhill Company has the following work in process inventory account. Work in Process-Painting 5/1 Balance 3,790 5/31 Completed and transferred out ? 5/31 Direct materials 6,360 5/31 Direct labor 3,156 5/31 Manufacturing overhead 2,080 5/31 Balance ? Production records show that there were 600 units in the beginning inventory, 30% complete, 1,600 units started into production, and 1,500 units completed and transferred out. The beginning work in process had materials cost of $2,440 and conversion costs of $1,350. The units in ending inventory were 40% complete as to conversion costs. Materials are entered at the beginning of the painting process, and conversion costs are incurred uniformly throughout the process. The ledger of Sandhill Company has the following work in process inventory account. Work in Process-Painting 5/1 Balance 3,790 5/31 Completed and transferred out ? 5/31 Direct materials 6,360 5/31 Direct labor 3,156 5/31 Manufacturing overhead 2,080 5/31 Balance ? Production records show that there were 600 units in the beginning inventory, 30% complete, 1,600 units started into production, and 1,500 units completed and transferred out. The beginning work in process had materials cost of $2,440 and conversion costs of $1,350. The units in ending inventory were 40% complete as to conversion costs. Materials are entered at the beginning of the painting process, and conversion costs are incurred uniformly throughout the process.

Answer rating: 100% (QA)

ANSWER 1 How many units are in process at May 31 Beginning inventory 600 units 30 complete Units sta... View the full answer