Question
A company had 1973 units in opening WIP and started 131360 during the month and completed 8855 units and the closing WIP units were 100%
A company had 1973 units in opening WIP and started 131360 during the month and completed 8855 units and the closing WIP units were 100% complete in relation to Direct Materials (DM) and 80% complete in relation to Conversion Costs (CONV).
The company's costs (including opening WIP and Incurred during the month were:
DM costs $94411 and CONV costs $52526.
Calculate the COSTof the closing WIP in relation to CONVERSION (ONLY) for this month?
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Business Law
Authors: Henry Cheeseman
10th Edition
0134728785, 978-0134728780
