Question
Dandys Dandelion Wine Assembly Department started the month of August with 12,400 units in beginning work in process inventory that were 80% complete. During the
Dandys Dandelion Wine Assembly Department started the month of August with 12,400 units in beginning work in process inventory that were 80% complete. During the month, 48,800 units were started into production, and at the end of the month, there were 11,900 units in ending work in process inventory that were 60% complete. For the month, the departments total materials cost was $183,600 and its total conversion cost was $112,880. All materials are added at the beginning of the process, while conversion costs are incurred uniformly throughout the process. What is the total cost of goods in ending work in process inventory at the end of the month?
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