Carla Vista Manufacturing Inc. has the following cost and production data for the month of April. Units in beginning work in process Units started into production Units completed and transferred Units in ending work in process Beginning inventory costs are: Direct materials Direct labour The beginning inventory was 60% complete for conversion costs. The ending inventory was 40% complete for conversion Materials are added at the beginning of the process. Costs pertaining to the month of April are as follows: Manufacturing overhead Costs incurred during April include: 17,700 Direct materials Direct labour Manufacturing overhead 104,400 90,800 31,300 $64,000 21,000 13,100 $595,080 191,400 378,705

Principles of Accounting Volume 2
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Chapter5: Process Costing
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Problem 14PA: Loanstar had 100 units in beginning inventory before starting 950 units and completing 800 units....
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Carla Vista Manufacturing Inc. has the following cost and production data for the month of April.
Units in beginning work in process
Units started into production
Units completed and transferred
Units in ending work in process
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
Direct labour
Manufacturing overhead
Costs incurred during April include:
17,700
104,400
90,800
31,300
Direct materials
Direct labour
Manufacturing overhead
$64,000
21,000
13,100
$595,080
191,400
378,705
Transcribed Image Text:Carla Vista Manufacturing Inc. has the following cost and production data for the month of April. Units in beginning work in process Units started into production Units completed and transferred Units in ending work in process 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 Direct labour Manufacturing overhead Costs incurred during April include: 17,700 104,400 90,800 31,300 Direct materials Direct labour Manufacturing overhead $64,000 21,000 13,100 $595,080 191,400 378,705
Calculate the equivalent units of production for materials and conversion costs for the month of April using the first-in, first-out
(FIFO) method.
Total equivalent units
Materials
Calculate the unit production costs for the month. (Round unit cost to 3 decimal places, e.g. 15.256.)
Conversion costs
Total
$
$
Direct Materials
$
Conversion costs
Unit Production Costs
Transcribed Image Text:Calculate the equivalent units of production for materials and conversion costs for the month of April using the first-in, first-out (FIFO) method. Total equivalent units Materials Calculate the unit production costs for the month. (Round unit cost to 3 decimal places, e.g. 15.256.) Conversion costs Total $ $ Direct Materials $ Conversion costs Unit Production Costs
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