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Ending WIP 40% complete materials / 50% complete for conversion is 10,000 units Cost of materials in WIP is $8,000 Cost of Conversion in WIP
Ending WIP
40% complete materials / 50% complete for conversion is 10,000 units
Cost of materials in WIP is $8,000
Cost of Conversion in WIP is $10,000
Units Started in month was 120,000
Conversion costs added during month $250,000
Material costs added during month was $210,000
Beginning WIP
70% complete materials / 60% complete for conversion is 5,000 units
Cost of materials in WIP is $4,000
Cost of Conversion in WIP is $5,500
Compute the cost per unit in good report format for the month, using the weighted average method.
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