Badgersize Company has the following information for its Forming Department for

Question

Badgersize Company has the following information for its Forming Department for the month of August:


Work in Process Inventory, August 1: 20,000 units
Direct materials: 100% complete $ 80,000
Conversion: 20% complete 24,000

Balance in work in process, August 1 $ 104,000
Units started during August 50,000
Units completed and transferred in August 60,000
Work in process (70% complete), August 31 ?
Costs charged to Work in Process in August
Direct materials $ 150,000
Conversion costs:
Direct labor $ 120,000
Overhead applied 132,000

Total conversion $ 252,000


Assume materials are added at the start of processing.

Complete a production cost report for the Badgersize Company Forming Department for the month of August. (Round your Costs per equivalent units to 2 decimal places. Leave no cells blank - be certain to enter "0" wherever required. Omit the "$" sign in your response.)

Production Cost Report
Forming Department
For the month of August
Part I. Physical Flow Total Units
Inputs:

Explanation / Answer

most of that is wrong by the way.

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