Refresh produces soft drinks and sodas. Production of 103,000 liters was started in February, 88,000 liters were

Question:

Refresh produces soft drinks and sodas. Production of 103,000 liters was started in February, 88,000 liters were completed. Material costs were $52,020 for the month while conversion costs were $32,580. There was no beginning work-in-process; the ending work-in-process was 40% complete. What is the cost of the product that remains in work-in-process?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Financial and Managerial Accounting

ISBN: 978-1133940593

10th edition

Authors: Belverd E. Needles, Marian Powers, Susan V. Crosson

Question Posted: