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Home Q & A Board Other Fields Homework Help Business Accounting
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bernie2981 bernie2981
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Posts: 3810
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8 years ago
The managerial accountant at Duck Manufacturing reported the following information:

Units:   
Beginning WIP   54,500
 75% for materials   
 45% for conversion   
Transferred-in   225,000
Completed   232,000
Ending WIP   
 60% for materials   
 20% for conversion   47,500
   
Costs:    
Beginning WIP   
 Direct materials   $67,500
 Conversion   145,400
 Transferred-in   99,000
Transferred-in from department 1   $1,550,050
Direct materials added   909,375
Conversion added   542,875

The cost of ending WIP is closest to
A) $414,200.
B) $593,750.
C) $311,900.
D) $133,950.
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
Author:
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nucleinuclei
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8 years ago
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bernie2981 Author
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#2
8 years ago
Wow! Thank you
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#3
5 years ago
Best answer
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#4
5 years ago
Thank you
m12
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#5
4 years ago
Thank you
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#6
4 years ago
Thank you
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#7
4 years ago
thank you. it was very helpful
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#8
4 years ago
Thank you!
Anonymous
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#9
10 months ago
Help! The answer is missing an explanation...
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