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Business, 09.10.2021 08:40 gg808

Pablo Company calculates the cost for an equivalent unit of production using process costing. Data for June Work-in-process inventory, June 1: 27,000 units Direct materials: 100% complete$ 54,000 Conversion: 40% complete21,600 Balance in work-in-process, June 1$ 75,600 Units started during June63,400 Units completed and transferred out63,400 Work-in-process inventory, June 3027,000 Direct materials: 100% complete Conversion: 80% complete Costs incurred during June Direct materials$ 215,560 Conversion costs Direct labor215,560 Applied overhead266,280 Total conversion costs$ 481,840

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