Johnson and Heffner makes janitorial supplies and has a department that produces cleaning brushes. All direct materials are added at the beginning of production, and conversion costs are incurred evenly throughout production. The 2,000 units in Beginning WIP on December 1 were 80% complete, and the 4,000 units in Ending WIP on December 31 were 25% complete. During the month, 16,000 units of cleaning brushes were completed and transferred out as finished goods.
Using this information and the cost information provided below, fill in the blanks in the following FIFO process costing report by calculating the amounts for items A-X. Round total costs to the nearest dollar and per-unit costs to the nearest cent.

Question

Quizplus · Accepted Answer

The Answer of Johnson and Heffner makes janitorial supplies and has a department that produces cleaning brushes. All direct materials are added at the beginning of production, and conversion costs are incurred evenly throughout production. The 2,000 units in Beginning WIP on December 1 were 80% complete, and the 4,000 units in Ending WIP on December 31 were 25% complete. During the month, 16,000 units of cleaning brushes were completed and transferred out as finished goods.
Using this information and the cost information provided below, fill in the blanks in the following FIFO process costing report by calculating the amounts for items A-X. Round total costs to the nearest dollar and per-unit costs to the nearest cent.

Johnson and Heffner Makes Janitorial Supplies and Has a Department