Question
At Opal Incorporated, direct materials are added at the beginning of the process and conversions costs are uniformly applied. Other details include: WIP beginning (70%
At Opal Incorporated, direct materials are added at the beginning of the process and conversions costs are uniformly applied. Other details include:
WIP beginning (70% for conversion)
20,200 units
Units started
154,000 units
Units completed and transferred out
120,000 units
WIP ending (50% for conversion)
54,200 units
Beginning WIP direct materials
$48,500
Beginning WIP conversion costs
$26,200
Costs of materials added
$441,100
Costs of conversion added
$263,000
What is the total cost of units remaining in ending WIP?
A. $152,332.49
B. $187,081.63
C. $205,689.00
D. $258,890.21
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