How many gallons of dressing ingredients were started in April?

(Cost assignment; FIFO) Green Seasons Processors is a contract manufacturer for the Delectable Dressing Company. Green Seasons uses a FIFO process costing system to account for the production of its salad dressing. All ingredients are added at the start of the process. Delectable provides reusable vats to Green Seasons for the completed product to be shipped to Delectable for bottling so Green Seasons incurs no packaging costs. April 2001 production and cost information for Green Seasons Processors is as follows:

Gallons of dressing in beginning inventory

37,000

Gallons transferred out during April

243,000

Gallons of dressing in ending inventory

23,500

Costs of beginning inventory:

Direct material

181,300

Direct labor

45,695

Overhead

50,320

Costs incurred in April:

Direct material

1,131,435

Direct labor

452,976

Overhead

770,133

The beginning and ending inventories had the following degrees of completion each for labor and overhead:

Beginning Inventory

Ending Inventory

Direct labor

35%

25%

Overhead

60%

30%

a.How many gallons of dressing ingredients were started in April?

b.What is the total cost of the completed beginning inventory?

c.What is the total cost of goods completed during April?

d.What is the average cost per gallon of all goods completed during April?

e.What is the cost of April’s ending WIP inventory?

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