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Business, 23.03.2020 22:12 bree9362

The following data pertain to the Vesuvius Tile Company for July:

Work in process, July 1 (in units) 20,000

Units started during July ?

Total units to account for 65,000

Units completed and transferred out during July ?

Work in process, July 31 (in units) 15,000

Total equivalent units: direct material 65,000

Total equivalent units: conversion ?

Work in process, July 1: direct material $164,400

Work in process, July 1: conversion ?

Costs incurred during July: direct material ?

Costs incurred during July: conversion 659,400

Work in process, July 1: total cost 244,200

Total costs incurred during July 1,031,250

Total costs to account for 1,275,450

Cost per equivalent unit: direct material 8.25

Cost per equivalent unit: conversion ?

Total cost per equivalent unit 21.45

Cost of goods completed and transfered out during July ?

Cost remaining in ending work-in-process inventory: direct material ?

Cost remaining in ending work-in-process inventory: conversion 79,200

Total cost of July 31 work in process 202,950

Additional Information: a. Direct material is added at the beginning of the production process, and conversion activity occurs uniformly throughout the process. b. The company uses weighted-average process costing. c. The July 1 work in process was 30 percent complete as to conversion. d. The July 31 work in process was 40 percent complete as to conversion.

Required: Compute the missing amounts, and prepare the firm’s July production report.

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The following data pertain to the Vesuvius Tile Company for July:

Work in process, July...
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