138. The inventory at April 1, 2010, and the costs charged to Work in Process--Department B during April for Zarley Company are as follows:
1,200 units, 40% completed
$ 47,800
From Department A, 26,000 units
845,000
Direct labor
312,000
Factory overhead
176,770
During April, all direct materials are transferred from Department A, the units in process at April 1 were completed, and of the 26,000 units entering the department, all were completed except 1,000 units which were 70% completed as to conversion costs. Inventories are costed by the first-in, first-out method.Prepare a cost of production report for April.
Zarley CompanyCost of Production Report--Department BFor the Month Ended April 30, 2010
Equivalent Units
UNITS
WholeUnits
DirectMaterials
Conversion
Units charged to production:
Inventory in process, April 1
1,200
Received from Department A
26,000
Total units accounted for by Dept. B
27,200
Units to be assigned costs:
(40% completed)
0
720
Started and completed in April
25,000
Transferred to finished goods in April
26,200
25,720
Inventory in process, April 30
(70% complete)
1,000
700
Total units to be assigned costs
26,420
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