Beginning WIP inventory Units started into production this period Units completed and transferred out Ending WIP inventory Costs in beginning inventory Current-period costs 16,900 units (70% complete as to materials; 758 complete as to conversion costs) 25,000 units 32,900 units 9,000 units (55% complete as to materials; 55t complete as to conversion costs) $ 131,000 materials; $169,000 conversion costs $ 250,000 materials; $431,000 conversion costs
Beginning WIP inventory Units started into production this period Units completed and transferred out Ending WIP inventory Costs in beginning inventory Current-period costs 16,900 units (70% complete as to materials; 758 complete as to conversion costs) 25,000 units 32,900 units 9,000 units (55% complete as to materials; 55t complete as to conversion costs) $ 131,000 materials; $169,000 conversion costs $ 250,000 materials; $431,000 conversion costs
Chapter5: Process Costing
Section: Chapter Questions
Problem 15EA: Production data show 35,920 units were transferred out of a stage of production and 6,150 units...
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