Production data show 15,000 units were transferred out of a stage of production and 5,000 units remained in ending WIP inventory that was 100% complete to material and 35% complete to conversion. The unit material cost is $5.0 for material and $6.0 for conversion. What is the amount of inventory transferred out?

Production data show 15,000 units were transferred out of a stage of production and 5,000 units remained in ending WIP inventory that was 100% complete to material and 35% complete to conversion. The unit material cost is $5.0 for material and $6.0 for conversion. What is the amount of inventory transferred out?

Name: A1. Production data show 15,000 units were transferred out of a stage
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Description: A1. Production data show 15,000 units were transferred out of a stage of production and5,000 units remained in ending WIP inventory that was 100% complete to materialand 35% complete to conversion. The unit material cost is $5.0 for material and $6.0

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

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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