Milling Department Cost of beginning work in process inventory Materials Conversion Total $ 15,000 $ 25,000 $ 10,000 291,600 $301,600 Costs added during the period 387,000 678,600 Total cost $ 402,000 $703,600 Assume the equivalent units of production for materials and conversion, when using the weighted-average method, are 5,200 units and 5,000 units, respectively. If the equivalent units in ending work in process inventory for materials and conversion are 400 units and 200 units, respectively, then what is the total cost of ending work in process for the Milling Department? Multiple Choice $29,280 $59.280 $49,280
Milling Department Cost of beginning work in process inventory Materials Conversion Total $ 15,000 $ 25,000 $ 10,000 291,600 $301,600 Costs added during the period 387,000 678,600 Total cost $ 402,000 $703,600 Assume the equivalent units of production for materials and conversion, when using the weighted-average method, are 5,200 units and 5,000 units, respectively. If the equivalent units in ending work in process inventory for materials and conversion are 400 units and 200 units, respectively, then what is the total cost of ending work in process for the Milling Department? Multiple Choice $29,280 $59.280 $49,280
Chapter5: Process Costing
Section: Chapter Questions
Problem 3EA: Given the following information, determine the equivalent units of ending work in process for...
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