posted by .

The ledger of Custer Company has the following work in process account.

Work in Process—Painting

5/1 Balance 4,820 5/31 Transferred out ?
5/31 Materials 5,710
5/31 Labor 4,800
5/31 Overhead 2,430
5/31 Balance ?

Production records show that there were 410 units in the beginning inventory, 30% complete, 1,550 units started, and 1,430 units transferred out. The beginning work in process had materials cost of $3,110 and conversion costs of $1,710. The units in ending inventory were 40% complete. Materials are entered at the beginning of the painting process.

What is the unit materials cost for May?
Can someone explain to me how to get this answer please?

  • accouting -

    First you have to calculate a) which is 530.
    410+ 550-1430= 530

    Work in process May1 $3,110
    Added Cost $5710 (materials)
    Total Cost $8,820 / 1960= $4.50 (whichever decimal place)

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. accounting

    The Bags and Luggage Company had the following account balances as of January 1: Direct Materials Inventory $ 8,700 Work in Process Inventory 76,500 Finished Goods Inventory 53,000 Manufacturing Overhead - 0 - During the month of January, …
  2. accounting

    Allocatin and proration of overhead. Frankin & Son Printing designed and prointed alses brochures, catalogues, and pamplhets. The business was dissolved in early 1763. Frankklin & Son Printing used a normal costing system. It has two …
  3. Cost acconting

    (underapplied or overapplied overhead) At the end of 2010, jackson tank company's accounts showed a 66,000 credit balance in Manufacturing Overhead control. In addition, the company ahd the following account balances: Work in process …
  4. accounting

    P20-2A For the year ended December 31, 2010, the job cost sheets of DeVoe Company contained the following data. Job Number Explanation Direct Materials Direct Labor Manufacturing Overhead Total Costs 7640 Balance 1/1 $25,000 $24,000 …
  5. ACCOUnting

    Chen Company manufactures basketballs. Materials are added at the beginning of the production process and conversion costs are incurred uniformly. Production and cost data for the month of July 2010 are as follows. Production Data-Basketballs …
  6. accounting

    Nature’s Way, Inc., keeps one of its production facilities busy making a perfume called Essence de la Vache. The perfume goes through two processing departments: Blending and Bottling. The following incomplete Work in Process account …
  7. Accounting for Managers

    Question 1 of 20 5.0 Points Which of the following products probably would be manufactured using a job order costing system?
  8. accounting

    The following cost data relate to the manufacturing activities of Black Company during the just completed year: Manufacturing overhead costs: Property taxes, factory $ 3,000 Utilities, factory 4,800 Indirect labor 9,900 Depreciation, …
  9. accounting

    Selected T-accounts for Rolm Company are given below for the just completed year: Raw Materials Manufacturing Overhead Bal. 1/1 31,000 Credits ?
  10. Account

    Howie Stars produces starts for elementary teachers to reward their students. Howie Stars' trial balance on June 1 follows "HOWIE STARS Trial Balance June 1, 2012" Balance Account Title Debit Credit Cash $14,000 Accounts receivable …

More Similar Questions