Question: QUESTION 20 Last summer was your first time holding an internship position with Drew-Batson-Turner Company (DBT). During that summer, you were assigned to the Blending
QUESTION 20 Last summer was your first time holding an internship position with Drew-Batson-Turner Company (DBT). During that summer, you were assigned to the Blending Department (one of three processes involved in the production of canned fruits) as an assistant to the department manager At the end of October, the department manager forwarded the following information: Work in Process, October 1 20,000 units Units started in production Ending (incomplete) units, July 31 164.000 24,000 Percent ending incomplete) units are complete at October 31: Materials 100% Conversion costs 65% TOTAL Costs incurred: Direct materials $ 101,200 Direct labor 166.000 Overhead 185.000 TOTAL $ 452 200 INSTRUCTIONS: The department manager has given you a project requiring that you prepare a report that shows the following for the month of October a The equivalent units of production for materials and conversion costs b. The unit cost of production c. The total cost assigned to units transferred out and (ii) incomplete unit NOTE: TO EARN CREDIT, YOU MUST SHOW ALL COMPUTATIONS. TT T Arial 3 [12pt) T- 7
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