Question

Hi I need help finding the ending work in process

Exercise 17-8 (Part Level Submission) The Blending Department of Luongo Company has the following cost and production data for the month of April Costs: Work in process, April 1 $121,000 84,700 $205,700 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 $968,000 441,650 $1,409,650 Costs incurred in April units transferred out totaled 20,570. Ending work in process was 1,210 units that are 100% complete as to materials and 40% complete as to conversion costs. ▼ (a) Your answer is correct. Compute the equivalent units of production for (1) materials and (2) conversion costs for the month of April Materials Conversion Costs The equivalent units of production T- 21780)T- 21054

Answer 1

Cost of ending work in process = $72600

All other parts are completely correct.

Working

Statement of cost
Cost	Equivalent Cost/unit	Ending WIP		Transferred
		Units	Cost Allocated	Units	Cost Allocated
Material	$            50	1,210	$        60,500	$            20,570	$   10,28,500
Conversion Cost	$            25	484	$        12,100	$            20,570	$     5,14,250
TOTAL	$   16,15,350	TOTAL	$        72,600	TOTAL	$   15,42,750