Question: What is the Unit Materials cost for may ? what is the Unit conversion cost for May? What is the total cost of units transferred

What is the Unit Materials cost for may ?
what is the Unit conversion cost for May?
What is the total cost of units transferred out in may?
what is the cost of the may work in process inventory?
Sunland Company has the following record of costs. MANUFACTURING COSTS WORK IN PROCESS Raw Materials Inventory Factory Labor Manufacturing Overhead FINISHED GOODS INVENTORY Painting Balance May 1 $ 3,890 Materials $5,900 5,900 Labor $3,322 3.322 Overhead $ 1,480 1,480 Transfer out -? ? Balance May 31 $? Production records show that there were 600 units in the beginning inventory, 30% complete, 1,800 units started, and 1,500 units transferred out. The beginning work in process had materials cost of $ 2,740 and conversion costs of $ 1,150. The units in ending inventory were 40% complete. Materials are entered at the beginning of the painting process. Your answer is correct. How many units are in process at May 31
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
