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bernie2981 bernie2981
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8 years ago
Baron Corporation has two sequential processing departments: Assembly and Shaping. The Shaping Department reports the following information. Conversion costs are applied evenly throughout the process.

Beginning WIP Inventory   8,000 units
Transferred-in costs in beginning WIP Inventory   $110,200
Direct materials cost in beginning WIP Inventory   $24,500
Conversion costs in beginning WIP Inventory   $22,750
Units transferred-in   57,000 units
Transferred-in costs   $546,300
Units completed   52,000
Costs added: direct materials   $167,120
Costs added: conversion costs   $245,570
Ending WIP Inventory   13,000 units
(40% complete for materials and 30% complete for conversion)   

The total cost of units in ending WIP Inventory-Shaping would be closest to
A) $146,000.
B) $167,440.
C) $36,140.
D) $237,250.
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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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#2
8 years ago
Wow! Thank you
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#3
4 years ago
Na
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3 years ago
Thanks
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