Baden Company has gathered the following information. Overhead $104,900 Show the

Question

Baden Company has gathered the following information.

    Overhead $104,900   

Show the assignment of costs to units transferred out and in process. (Round answers to 0 decimal places, e.g. 1,225.)

Units in beginning work in process 0 Units started into production 40,300 Units in ending work in process 7,900 Percent complete in ending work in process:     Conversion costs 40 %     Materials 100 % Costs incurred:     Direct materials $74,900     Direct labor $64,500

    Overhead $104,900   

Show the assignment of costs to units transferred out and in process. (Round answers to 0 decimal places, e.g. 1,225.)

Units transferred out $

Units in ending work in process

Explanation / Answer

Materials = $74900 / (0 + 40300)

= $1.86

Conversion cost = ($64500 + $104900) / 32400 + 3160

= $4.76

Units transferred out = ($0 + 40300 - 7900) * ($1.86 + $4.76)

= $214488

Units in ending work in process = 7900 * $1.86 $14694

3160 * $4.76 $15042

$29735.6.

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