Donnie’s Frozen Pizzas uses FIFO process costing. Selected production and cost data follow for April 2013.

Requirements 

1. Calculate the following: 

a. On March 31, the Mixing Department beginning Work-in-Process Inventory was 60% complete for materials and 75% complete for conversion costs. This means that for the beginning inventory _____% of the materials and _____% of the conversion costs were added during April. 

b. On April 30, the Mixing Department ending Work-in-Process Inventory was 70% complete for materials and 20% complete for conversion costs. This means that for the ending inventory _____% of the materials and _____% of the conversion costs were added during April. 

c. On March 31, the Cooking Department beginning Work-in-Process Inventory was 60% complete for materials and 80% complete for conversion costs. This means that for the beginning inventory _____% of the materials and _____% of the conversion costs were added during April. 

d. On April 30, the Cooking Department ending Work-in-Process Inventory was 65% complete for materials and 55% complete for conversion costs. This means that for the ending inventory _____% of the materials and _____% of the conversion costs were added during April. 

2. Use the information in the table and the information in Requirement 1 to compute the equivalent units of production for transferred-in costs, direct materials, and conversion costs for both the Mixing and the Cooking Departments.

Transcribed Image Text:

Mixing Departmet Department Cooking Units to account for Beginning work-in-process, March 31 Started in April Transferred in during April 20,000 70,000 6,000 80,000 Total units to account for Units accounted for 90,000 86,000 Completed and transferred out during April From beginning work-in-process inventory20,000 60,000 10,000 90,000 6,000 70,000 10,000 86,000 Started and completed during April Ending work-in-process, April 30 Total units accounted for