Domingo Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 1,800 units. The costs and percentage completion of these units in beginning inventory were Materials costs Conversion costs Cost $ 6,900 $ 3,100 Percent Complete 50% 20% A total of 8,200 units were started and 7,500 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department during the month: Materials costs Conversion costs Cost $ 160,100 $ 121,800 The ending inventory was 85% complete with respect to materials and 75% complete with respect to conversion costs How many units are in ending work in process inventory in the first processing department at the end of the month?
Domingo Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 1,800 units. The costs and percentage completion of these units in beginning inventory were Materials costs Conversion costs Cost $ 6,900 $ 3,100 Percent Complete 50% 20% A total of 8,200 units were started and 7,500 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department during the month: Materials costs Conversion costs Cost $ 160,100 $ 121,800 The ending inventory was 85% complete with respect to materials and 75% complete with respect to conversion costs How many units are in ending work in process inventory in the first processing department at the end of the month?
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter3: Process Cost Systems
Section: Chapter Questions
Problem 1CMA: During December, Krause Chemical Company had the following selected data concerning the manufacture...
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