The Blending Department of Luongo Company has the following cost and production data for the month of April.

Units transferred out totaled 20,740. Ending work in process was 1,220 units that are 100% complete as to materials and 40% complete as to conversion costs.

Compute the equivalent units of production for (1) materials and (2) conversion costs for the month of April.

Compute the unit costs for the month.

Determine the costs to be assigned to the units transferred out and in ending work in process.

Transcribed Image Text:

Costs: Work in process, April 1 Direct materials: 100% complete Conversion costs: 20% complete Cost of work in process, April 1 Costs incurred during production in April Direct materials Conversion costs Costs incurred in April $122,000 85,400 $207,400 $976,000 445,300 $1,421,300 The equivalent units of production Materials Conversion Costs Unit costs LINK TO TEXT Materials LINK TO TEXT tA Conversion Costs Transferred out Ending work in process $ $ Costs: Work in process, April 1 Direct materials: 100% complete Conversion costs: 20% complete Cost of work in process, April 1 Costs incurred during production in April Direct materials Conversion costs Costs incurred in April $122,000 85,400 $207,400 $976,000 445,300 $1,421,300 The equivalent units of production Materials Conversion Costs Unit costs LINK TO TEXT Materials LINK TO TEXT tA Conversion Costs Transferred out Ending work in process $ $

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