Question

follow for April 2018 Brian's Frozen Puzzasses FIFO process costing Selected production and cost the con low the production and cost data) 0 Data Table Read the moments Prepping Department Requirement la On March 31, the Prepping Department beginning Work in Process Inventory was 75% complete for materials and 58% complete for conversion costs. This means that for the beginning inventory 25 of the materials and 45 of the conversion were added during April Units to account for Beginning work in process, March 31 Started in Art 20,000 45.000 Requirement 1b. On April 30, the Propping Department ending Work in Process Inventory was 60% complete for materials and 85% complete for conversion costs. This means that for the ending inventory of the materials and conversiop costs were added during April Total units to account for Units accounted for Completed and transferred out during April: From beginning work-in-process inventory Surted and completed during April Ending work in process April 30 Total units accounted for 20.000 of the 30,000 15 000 Enter any number in the edit fields and then click Check Answer Print Done 1 Clear All

Answer 1

Requirement 1a)

Material added during April

= (100% - material added in march)

= (100%-75%)

= 25 %

Conversion cost added during April

= (100% - conversion cost added in march)

= ( 100% - 55%)

= 45 %

Requirement 1b)

Material added for ending inventory

= % completion with respect to material in April

= 60 %

Conversion cost added to ending inventory

= % completion with respect to conversion cost in april

= 85 %