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bernie2981 bernie2981
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Posts: 3810
8 years ago
The mixing department has 18,000 units and $50,000 in costs for which to account. Of the 18,000 units, 12,000 were completed and transferred to the next department. The 6,000 remaining were 25% complete for conversion costs. Direct materials are added at the beginning of the process, and the conversion costs are added evenly throughout the process. The cost per equivalent unit is $2.25 for direct materials and $0.80 for conversion costs. The total cost of ending WIP is

A) $18,300.
B) $8,175.
C) $14,700.
D) $13,500.
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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nucleinuclei
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8 years ago
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bernie2981 Author
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8 years ago
Thanks
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Yesterday
Good timing, thanks!
wrote...

2 hours ago
Thank you, thank you, thank you!
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