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Answer the following question(s) using the information below: per, i pat Eagles Ltd. uses process costing in its Fabricating Department. At the beginning of October,
Answer the following question(s) using the information below: per, i pat Eagles Ltd. uses process costing in its Fabricating Department. At the beginning of October, it Time left 0:19:48 units in beginning work-in-process that were 40% complete with respect to conversion. During 87,000 units into production and completed 89,000 good units. On October 31, there were 3,000 units in ending work-in-process that were 70% complete with respect to conversion. Direct materials are added at the beginning of the process. Inspection occurs at the end of the process, and normal spoilage is 6% of good output. Costs related to the beginning inventory were $36,800 for direct materials and $28,600 for conversion costs. During the month, the company issued $280,000 of direct materials and incurred $599,400 of conversion costs. Assuming Eagles uses the FIFO method of process costing, the cost of the ending work-in-process inventory is a. $23,142 O b. $19,200 O c. $28,800 FAC m FEE
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