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On December 31, Berry Company recorded the following information in the Mixing Department's Work in ...

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On December 31, Berry Company recorded the following information in the Mixing Department's Work in ...

On December 31, Berry Company recorded the following information in the Mixing Department's Work in Process account:

Units

Cost

Beginning balance (80% complete)	5,000	$ 50,000
Started into production	100,000	500,000
Completed and transferred to Packaging	95,000
Ending balance (60% complete)	10,000

Assume that the unfinished units in ending inventory are 60% complete for both materials and conversion. What is balance in the ending Work in Process on December 31? Round the unit cost to 2 decimals.

▸ $51,800

▸ $52,300

▸ $32,700

▸ $33,300

Textbook

Managerial Accounting

Edition: 4^th

Author: Davis

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