Part I- Exercise cost for orders

The accounting records indicate certain balances in the inventory accounts for 20xx:

	1/1/xx	31/12/xx
Materials inventory	$ 22,000	$ 18,000
work-in-process inventory(Work in Process)	-0-	$25,000
Finished Goods Inventory	$14,000	$27,000

Other data (applies to the period from 1/1/xx to 12/31/xx) Prime costs were $364,000. Materials were purchased 10 times the amount of materials in inventory at the beginning of the year. Direct labor costs (Direct Labor) represent 40% of conversion costs which were $350,000. The company generates, on average, 40% gross profit (Gross Margin).

1. Calculate the following games for 20xx:

a. Cost of materials used (Direct Materials Used) b. Direct labor cost (Direct Labor)

c. Indirect factory costs incurred (Manufacturing Overhead)

d. Cost of manufactured goods (Cost of Goods Manufactured)

e. Unit cost (5,000 units are produced)

F. period sales g. cost of goods sold

Part II- Procedural cost

The Alcanza Corp. adds the materials at the beginning of its production process and the conversion costs add them evenly. At the beginning of June 20xx, the inventory in process had 25% completion; at the end of the month it had 65% completion. Other important information is disclosed below:

Beginning inventory of goods in process	1,700 unidades
Units started during the period	3,900 unidades
Units completed during the period	3,700 unidades
conversion costs	$530,000
direct materials used	$295,000
Beginning inventory costs
Materials	$125,000
Conversin	$ 190,000

1. Prepare the cost report for the month of June 20xx.