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Category > Accounting Posted 09 May 2017 My Price 10.00

WIP beginning

At Onyx​ Incorporated, direct materials are added at the beginning of the process and conversions costs are uniformly applied. Other details​ include:

WIP beginning​ (70% for​ conversion)

​15,200 units

Units started

​150,000 units

Units completed and transferred out

​120,000 units

WIP ending​ (50% for​ conversion)

​45,200 units

Beginning WIP direct materials

​$52,500

Beginning WIP conversion costs

​$25,200

Costs of materials added

​$443,100

Costs of conversion added

​$260,000

What is the total cost of units remaining in ending​ WIP?

Answers

SuperTutor
(15)
Status NEW Posted 09 May 2017 02:05 AM My Price 10.00

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