139. The inventory at April 1, 2010, and the costs charged to Work in Process--Department B during April for Hawk Company are as follows: 500 units, 60% completed $ 3,460 From Department A, 10,000 units 36,300 Direct labor 7,960 Factory overhead 12,500 During April, all direct materials are transferred from Department A, the units in process at April 1 were completed, and of the 10,000 units entering the department, all were completed except 1,200 units which were 25% completed as to conversion costs. Inventories are costed by the first-in, first-out method. Prepare a cost of production report for April. Hawk 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 1 500 Received from Department A 10,000 Total units accounted for by Dept. B 10,500 Units to be assigned costs: Inventory in process, April 1 (60% completed) 500 0 200 Started and completed in April 8,800 8,800 8,800 Transferred to finished goods in April 9,300 8,800 9,000 Inventory in process, April 30 (25% complete) 1,200 1,200 300 Total units to be assigned costs 10,500 10,000 9,300

139. The inventory at April 1, 2010, and the costs charged to Work in Process--Department B during April for Hawk Company are as follows: 500 units, 60% completed $ 3,460 From...

139. The inventory at April 1, 2010, and the costs charged to Work in Process--Department B during April for Hawk Company are as follows:

500 units, 60% completed	$ 3,460
From Department A, 10,000 units	36,300
Direct labor	7,960
Factory overhead	12,500

During April, all direct materials are transferred from Department A, the units in process at April 1 were completed, and of the 10,000 units entering the department, all were completed except 1,200 units which were 25% completed as to conversion costs. Inventories are costed by the first-in, first-out method.

Prepare a cost of production report for April.

Hawk Company Cost of Production Report--Department B For the Month Ended April 30, 2010

		Equivalent Units
UNITS	Whole Units	Direct Materials	Conversion
Units charged to production:
Inventory in process, April 1	500
Received from Department A	10,000
Total units accounted for by Dept. B	10,500
Units to be assigned costs:
Inventory in process, April 1
(60% completed)	500	0	200
Started and completed in April	8,800	8,800	8,800
Transferred to finished goods in April	9,300	8,800	9,000
Inventory in process, April 30
(25% complete)	1,200	1,200	300
Total units to be assigned costs	10,500	10,000	9,300

May 15, 2022

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139. The inventory at April 1, 2010, and the costs charged to Work in Process--Department B during April for Hawk Company are as follows: 500 units, 60% completed $ 3,460 From...

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