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Current Attempt in Progress Martinez Company has the following production data for June: units completed and transferred out, 48,000 and ending work in process inventory.
Current Attempt in Progress Martinez Company has the following production data for June: units completed and transferred out, 48,000 and ending work in process inventory. 5,760 units that are 100% complete for materials and 30% complete for conversion costs. Unit materials cost is $5 and unit conversion cost is $7. Determine the costs to be assigned to the units completed and transferred out and the units in ending work in process inventory Cost assigned to units completed and transferred out $ Cost assigned to the units in ending work in process inventory $ Grouper Cleaners, Inc. has the following production data for January 46,000 units Completed and transferred out Ending work in process inventory 5,400 units The units in ending work in process inventory are 100% complete for materials and 60% complete for conversion costs. There is no beginning work in process inventory. Materials cost is $4 per unit and conversion costs are $11 per unit. Determine the costs to be assigned to the units completed and transferred out and the units in ending work in process inventory. Cost assigned to units completed and transferred out $ Cost assigned to the units in ending work in process inventory $
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