Exercise 38 Part Level Submission The Blending Department of

Exercise 3-8 (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 $105,000 73,500 $178,500 Direct materials: 100% complete Conversion costs: 20% complete Cost of work in process, April 1 Costs incurred during production in April $840,000 383,250 $1,223,250 Direct materials Conversion costs Costs incurred in April Units transferred out totaled 17,850. Ending work in process was 1,050 units that are 100% complete as to materials and 40% complete as to conversion costs. 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

Solution

Working:

	Materials	Conversion Cost
The equivalent units of Production	18,900	18,270