Oriole Manufacturing Inc, has the following cost and production data for the month of April.
Units in beginning work in process
16,700
Units started into production
105,000
Units completed and transferred
92.500
Units in ending work in process
29,200
The beginning inventory was 60% complete for conversion costs. The ending inventory was 40% complete for conversion costs.
Materials are added at the beginning of the process.
Costs pertaining to the month of April are as follows:
Beginning inventory costs are:
Direct materials
$64,400
Direct labour
18.300
Manufacturing overhead
15,300
Costs incurred during April include:
Direct materials
$603,750
Direct labour
194,600
Manufacturing overhead
384,484
(a)
Calculate the equivalent units of production for materials and conversion costs for the month of April using the first-in, first-out
(FIFO) method.
Direct Materials
Conversion costs
Total equivalent units
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(b)
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(c)
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