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bernie2981 bernie2981
wrote...
Posts: 3810
8 years ago
Martinson Company adds direct materials at the beginning of the process and adds conversion costs throughout the process. The data that represents the Finishing Department is listed below:

WIP, April 1   12,000 units
Transferred-in costs in WIP, April 1   $79,940
Direct materials (100%) in WIP, April 1   $24,420
Conversion costs (75%) in WIP, April 1   $23,400
Units transferred-in   47,000
Transferred-in costs during April   $550,900
Units completed   42,000
April direct materials cost   $155,500
April conversion costs   $239,250
WIP, April 30   17,000 units
(100% for materials and 60% for conversion costs)
   

Which of the following is the total number of physical units?
A) 54,000
B) 42,000
C) 59,000
D) 64,000
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
Author:
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nucleinuclei
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Posts: 2158
8 years ago
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bernie2981 Author
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8 years ago
Wow! Thank you
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