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bernie2981 bernie2981
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9 years ago
At Hodgson Corporation, direct materials are added at the beginning of the process and conversions costs are uniformly applied. Other details include:

Beginning WIP direct materials   $32,000
Beginning WIP conversion costs   $20,250
Costs of materials added   $384,100
Costs of conversion added   $271,125
WIP beginning (50% for conversion)   19,200 units
Units started    119,500 units
Units completed and transferred out   115,700 units
WIP ending (60% for conversion)   23,000 units

What is the total cost of units remaining in ending WIP?
A) $120,750
B) $69,000
C) $92,586
D) $100,050
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Managerial Accounting

Managerial Accounting


Edition: 4th
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nucleinuclei
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bernie2981 Author
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9 years ago
Wow! Thank you
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