Question: The Sutton Processing Company had work in process at the beginning and end of March in its Painting Department as follows: E: (Click the icon

 The Sutton Processing Company had work in process at the beginning

The Sutton Processing Company had work in process at the beginning and end of March in its Painting Department as follows: E: (Click the icon to view the work-in-process information.) The company completed 40,000 units during March. Manufacturing costs incurred during March were direct materials costs of $600,000 and conversion costs of $500,000. Inventory at March 1 was carried at a cost of $40,000 (direct materials$30,000 and conversion costs$10,000). Assuming Sutton uses FIFO costing, determine the equivalent units of work done in March and calculate the cost of units completed and the cost of units in ending inventory. - X Data table rhysical Units Flow of Production Work in process, beginning Started during current period 20000 Percentage of Completion Direct Materials Conversion Costs 40% 20% 40000 60000 To account for March 1 (20,000 units) March 31 (20,000 units) 90% 20% Completed and transferred out during current period: From beginning work in process Started and completed 20000 40000 Print Done Work in process, ending 0 Accounted for Clear all Check

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