Ask Question
4 July, 16:06

For the Mixing Department, unit materials cost is $8 and unit conversion cost is $12. If materials are added at the beginning of the process and there are 6,000 units in the ending work-in process which are 75% complete as to conversion costs, what are the costs that should be assigned to the ending work-in process inventory?

+1
Answers (1)
  1. 4 July, 19:17
    0
    The costs that should be assigned to the ending work-in process inventory is $102,000.

    Explanation:

    the costs that should be assigned to the ending work-in-process inventory = $8*6000 + 0.75*$12*6000

    = $102000

    Therefore, the costs that should be assigned to the ending work-in process inventory is $102,000.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “For the Mixing Department, unit materials cost is $8 and unit conversion cost is $12. If materials are added at the beginning of the ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers