Question 48. The debits to work in process assembly department of may, together with data concerning production are follows:

May 1, work in process: Materials cost, 3,000 units $ 8,000 Conversion costs, 3,000 units, 66.7% completed $6,000 Materials added during May, 10,000 units $30,000 Conversion costs during May $31,000 Goods finished during May, 11,500 units $0 May 31 work in process, 1,500 units, 50% completed $0 All direct materials are placed in process at the beginning of the process and the first-in, first method is used to cost inventories. The materials cost per equivalent unit for May is a. $3.00 b. $3.80 c. $2.92 d. $2.31 49. During the period, labor costs incurred on account amounted to $175,000, including $15 production orders and $25,000 for general factory use. Factory overhead applied to product $32,000. The journal entry to record the actual factory overhead costs incurred is: a. Accounts Payable 25,000 Factory Overhead 25,000 b. Factory Overhead 32,000 Accounts Payable 32,000 c. Work in Process 25,000 Wages Payable 25,005 of 12 d. Factory Overhead 25,000 Wages Payable 25,000 50