Reutter, Inc. makes a single product and uses the FIFO method of

process costing.$$ The company$$s product goes through two

processing departments $$ Etching and Wiring $$ which completes the

process.$$ This problem focuses on the Writing department which

received the $$etched$$ products and then completes them by adding

appropriate writing.$$ In Wiring, the direct materials are

placed into production when the process is $35\%$ complete.$$

Conversion costs are incurred evenly throughout the process.$$

$$The relevant information for April is below:Beginning work in process inventory$10,000$ items, $30\%$ complete as

to conversionUnits started$$ in April$170,000$ unitsEnding work in process inventory$20,000$ items,$40\%$ complete

as to conversion$$

$$Transferred$-$In$$

Materials$$

ConversionCost of beginning work in process$$7,000$

$$

$$$

$0$

$$4,900$Current costs in April

$$187,000$

$$153,000$ $

$244,200$