Summarize total costs to account for (process costing Step 3)
(Learning Objective 3) Macintyre Company's Work in Process Inventory account had a $68,000 beginning balance on May 1 ($43,000 of this related to direct materials used during April, while $25,000 related to conversion costs incurred during April). During May, the following
costs were incurred in the department:
Direct materials used
Direct labor ....
Manufacturing overhead allocated to the department..
$103,000
$ 12,000
$150,000 Summarize the department's "Total costs to account for." Prepare a schedule that summarizes the department's total costs to account for by direct materials and
conversion costs.