Refer to requirement 1 in Problem 5- 30. Prepare summary T- account entries for the use of direct materials and incurrence of conversion costs and to transfer out the cost of goods completed.

In Problem 5- 30

aDegree of completion: direct materials, 100%; conversion costs, 40%.
bDegree of completion: direct materials, 100%; conversion costs, 5%.

Required
1. Summarize total assembly department costs for April 2013, and assign total costs to units completed (and transferred out) and to units in ending work in process.
2. What issues should the manager focus on in regard to the equivalent-unitscalculation?

Physical Unit (Frames) 120 485 445 160 Direct Materials Conversion Costs Work in process, April 1 Started during April 2013 Completed during April 2013 Work in process, April 30b Total costs added during April 2013 2,140 $2,916 $18,430 $9,315