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3 4 5 6 number of units 7% completion - Materials 8% completion - Conversion 9 Cost of Materials in WIP 10 Cost of
3 4 5 6 number of units 7% completion - Materials 8% completion - Conversion 9 Cost of Materials in WIP 10 Cost of Conversion in WIP 11 12 Spoiled Units detected 13 Units started during the month Opening WIP Ending WIP 600 450 100% 100% 40% 30% $ $ 5959 96,000 ? 15,300 ? 600 units 2,550 units 14 Costs incurred for Materials SA $ 567,000 15 Costs incurred for Converstion $ 230,400 16 17 18
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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
10th Edition
1119491630, 978-1119491637, 978-0470534793
