Inventory in process, January 1, 12,000 units: Direct materials...
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Accounting
Inventory in process, January 1, 12,000 units: | ||
Direct materials costs for 12,000 units | $40,000 | |
Conversion costs, for 12,000 units, 50% completed | 15,000 | |
Total inventory in process January 1 | $55,000 | |
Direct materials cost for January, 82,000 units | $550,000 | |
Direct labor cost for January | $125,000 | |
Factory overhead applied for January | $18,000 | |
Total production costs to account for | $748,000 | |
Units transferred to Department B in January (includes units in process on January 1), 90,000 units | ? | |
Inventory in process January 31, 4,000 units, 50% completed as to conversion costs | ? |
What is the total number of units to be assigned costs for direct materials(Total Equivalent Units of Direct Materials)? (Number only - do not put units after the number)
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