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1. Company ATS uses Process Costing system. Data about Company ATS is given below: Shaping Department . 200.000 units Assembly Department 20000 units - Required:

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1. Company ATS uses Process Costing system. Data about Company ATS is given below: Shaping Department . 200.000 units Assembly Department 20000 units - Required: Data for December Beginning Work in Process Production started Transferred in From Previous Department Completed Goods Inv Ending WIP Inv. Comp. as to Direct Material Comp. as to Convers. Work Costs: Beginning Work in Process Transferred in from Previous Department Direct Materials Added Conversion Costs Added 150.000 units 50.000 units % 70 % 80 130.000 units 40.000 units % 80 % 60 - $ 140.000 $740.000 $570.000 $ 324.000 $ 616.000 Calculate Ending WIP Inventory.Shaping, Ending WIP Inventory Insertion and Finished Goods Inventory. (50 pts)

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