![]() Use the weighted-average method of process costing.īuild a spreadsheet: Construct an Excel spreadsheet to solve all of the preceding requirements. Prepare schedules to accomplish each of the following process-costing steps for the month of April. ![]() Work in process, April 1-10,000 units: Direct material: 100 % complete, cost of Conversion: 20 % complete, cast of Balance in work in process, April 1 Units started during April Units completed during April and transferred out to finished-goods inventory Work in process, April 30: Direct material: 100 % complete Conversion: 33 3 1 % complete Costs incurred during April: Direct material Conversion costs: Direct labor Applied manufacturing overhead Total conversion costs $22, 000 4, 500 $26, 500 100, 000 80, 000 $198, 000 $52, 800 105, 600 $158, 400 ![]() Work in process, April 1-10,000 units: Direct material: 100 % complete, cost of $ 22, 000 Conversion: 20 % complete, cost of 4, 500 ‾ Balance in work in process, April 1 $ 26, 500 ‾ ‾ Units started during April 100, 000 Units completed during April and transferred out to finished-goods inventory 80, 000 Work in process, April 30: Direct material: 100 % complete Conversion: 33.33 % complete Costs incurred during April: Direct material $ 198, 000 ‾ ‾ Conversion costs: Direct labor $ 52, 800 Applied manufacturing overhead 105, 600 ‾ Total conversion costs $ 158, 400 ‾ ‾ \begin Conversion activity occurs uniformly throughout the production process. The following data have been compiled for the month of April. Moravia Company processes and packages cream cheese. ![]()
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