Question
elow is selected information from Chipset's cost of production report: Cost per equivalent unit in process $10 Units completed 15,000 Total costs in process $332,000
elow is selected information from Chipset's cost of production report:
| Cost per equivalent unit in process | $10 |
| Units completed | 15,000 |
| Total costs in process | $332,000 |
| Equivalent units of materials in ending inventory | 2,000 |
| Cost per equivalent unit of materials | $6 |
The ending inventory of work-in-process is complete as to materials. The cost of conversion in the ending inventory is:
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Cost Accounting A Managerial Emphasis
Authors: Charles T. Horngren
3rd Edition
0131800345, 978-0131800342
