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edilsondiaz318 edilsondiaz318
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Posts: 311
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5 years ago
What is the amount allocated to the work-in-process ending inventory?
A) $40,000
B) $50,000
C) $30,000
D) $75,000
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wrote...
#1
5 years ago
 C
Explanation:  C) Cost to account for:$300,000
Divided by equivalent units10,000
Cost per equivalent unit$ 30.00

Assigned to:
Good units completed
(5,000  $30$ 150,000
Normal spoilage
(4,000  $30)120,000

Costs transferred out270,000

WIP ending inventory (1,000  $30)30,000

Cost accounted for:$300,000
wrote...
#2
5 years ago
This is very helpful, my teacher this year is not good
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