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Tamar Co. manufactures a single product in one department. All direct materials are added at...

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Accounting

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Tamar Co. manufactures a single product in one department. All direct materials are added at the beginning of the manufacturing process. Conversion costs are added evenly throughout the process. During May, the company completed and transferred 25,700 units of product to finished goods inventory. Its 3,700 units of beginning work in process consisted of $20,500 of direct materials and $253,440 of conversion cost It has process at month-end. During the month, $520,050 of direct material costs and $2,424,960 of conversion Costs were charged to production

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