In March, Kelly Company had the following unit production costs: materials $12 and conversion costs $8. On March 1, it had zero work in process. During March, Kelly transferred out 23,980 units. As of March 31, 4,600 units that were 30% complete as to conversion costs and 100% complete as to materials were in ending work in process.
(a) Compute the total units to be accounted for.
Total units
(b) Compute the equivalent units of production.
Materials
Conversion costs
The equivalent units of production
(c) Prepare a cost reconciliation schedule, including the costs of materials transferred out and the costs of materials in process.

A) the total units to be accounted for = 23,980 + 4,600 = 28,580 units

B) the total material equivalent units = 23,980 finished units + 4,600 = 28,580 units

total conversion equivalent units = 23,980 finished units + (4,600 x 30%) = 23,980 + 1,380 = 25,360

C) cost reconciliation schedule:

Cost accounted to finished goods23,980 x (12 + 8) = $479,600

Cost of material in process  

material work in process  4,600 x 12 = $55,200  

conversion cost in process  1,380 x 8     = $11,040

                                                                                                 $66,240  

total cost                                                                                 $545,840

answer; swot analysis;

answer; sales of books;