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Instructions: (a) How many units are in process at September 30? (b) What is the unit materials cost for September? (c) What is the unit
Instructions:
(a) How many units are in process at September 30?
(b) What is the unit materials cost for September?
(c) What is the unit conversion cost for September?
(d) What is the total cost of units transferred out in September?
(e) What is the cost of the September 30 inventory?
The ledger of Al rawahi Company has the following work in process account. WIP Painting Date Particular Amount Date Particular Amount 30/9 Transferred out ? 2/9 30/9 30/9 30/9 Balance Material Labor Overhead 35900 51600 27400 16500 30/9 Balance ? Production records show that there were 4000 units in the beginning inventory, 40% complete, 11000 units started, and 12000 units transferred out. The beginning work in process had materials cost of $20400 and conversion costs of $15500. The units in ending inventory were 45% complete. Materials are entered at the beginning of the painting processStep by Step Solution
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