Kevin's Frozen Pizzas uses FIFO process costing. Selected production and cost data follow for April 2024. (Click the icon to view the production and cost data.) Read the requirements. C Requirement 1a. On March 31, the Prepping Department beginning Work-in-Process Inventory was 70% complete for materials and 45% complete for conversion costs. This means that for the beginning inventory % of the materials and % of the conversion costs were added during April. Requirement 1b. On April 30, the Prepping Department ending Work-in-Process Inventory was 20% complete for materials and 40% complete for conversion costs. This means that for the ending inventory % of the materials and % of the conversion costs were added during April. Requirement 2. Use the information in the table and the information in Requirement 1 to compute the equivalent units of production for direct materials, and conversion costs for the Prepping Department. Requirement 2. Use the information in the table and the information in Requirement 1 to compute the equivalent units of production for direct materials, and conversion costs for the Prepping Department. Kevin's Frozen Pizzas Production Cost Report - Prepping Department (Partial) Month Ended April 30 UNITS Units to account for: THI Physical Units Equivalent Units Direct Materials Conversion Costs Total units to account for Units accounted for: Transferred to Cooking Department Total units accounted for Data table Units to account for: Beginning work-in-process, March 31 Started in April Total units to account for Units accounted for: Completed and transferred out during April: From beginning work-in-process inventory Started and completed during April Ending work-in-process, April 30 Total units accounted for Prepping Department 25,000 60,000 85,000 25,000 45,000 15,000 85,000
