Tree Top Company manufactures a single product and uses a process costing system. On the first day of April, there were 5,000 units in process that were 100% complete as to direct materials and 50% complete as to direct labor and manufacturing overhead. During the month of April, the company began production of 100,000 units, and at the end of April, the Work-in-Process inventory consisted of 2,000 units that were 100% complete as to direct materials and 80% complete as to direct labor and manufacturing overhead. The company's cost information is as follows:
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Beginning Work-in-Process
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Costs Added In April
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Direct materials
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$3,000
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$65,250
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Direct labor
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$125
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$6,151
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|
Manufacturing overhead
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$175
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$7,147
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Calculate the cost of units manufactured during April and the cost of Work-in-Progress at the end of April.