.Operations And Supply Chain Management Assignment Help – Inventory

.Operations And Supply Chain Management Assignment Help – Inventory

Question – The St. Vincent Manufacturing Company produces a single product in a single processing
department. The material is added when 25% of the conversion costs have been added. The Work-in-
Process Inventory account on April 30th includes the following information: Beg Bal $1,382 Material
5,325 Labor 10,863 Overhead 15,012 During the month, the company finished and transferred 72,000
units out of the Work-in-Process Inventory. 9,000 units were in process at the beginning of the month
and were 40% complete. 8,000 units were in process at the end of the month, and were 70%
complete. The company uses (FIFO) process costing. Required (use 4 decimal places for
computations): (a) Compute the equivalent units of production (EUP) for materials and …Read Moreconversion
costs in April. (b) Compute the unit conversion costs and unit material costs for April. (c) Compute the
total cost transferred out of the WIP Inventory during the month of April. (d) Compute the cost of the
ending inventory for April.
Nov 15 2013 …Read Less


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