Chunsheng Ltd. has the following production data for April: units transferred out 40,000, and ending work in

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Chunsheng Ltd. has the following production data for April: units transferred out 40,000, and ending work in process 5,000 units that are 100% complete for materials and 40% complete for conversion costs. If unit materials cost is NT$120 and unit conversion cost is NT$120, determine the costs to be assigned to the units transferred out and the units in ending work in process.

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Accounting Principles

ISBN: 978-1119419617

IFRS global edition

Authors: Paul D Kimmel, Donald E Kieso Jerry J Weygandt

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