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Molton Company had 300 units of product in work in process inventory at the beginning of the period. It started 1,500 units during the period

Molton Company had 300 units of product in work in process inventory at the beginning of the period. It started 1,500 units during the period and transferred 1,200 units to finished goods inventory. The ending work in process inventory was estimated to be 70 percent complete. Cost data for the period follow:

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fundament X C o mpany Had 3001 Inbox 671) source.com /books/9781259748783/0ft/6/54/4/492/348/6/ 2 0.12.5 The total cost allocated between the ending Work in Process Inventory and Finished Goods Inventory LO 12-4 Problem 12-20A Determining inventory cost using a process costing system CHECK FIGURE b. $110 Molton Company had 300 units of product in work in process inventory at the beginning of the period. It started 1.500 units during the period 1.200 units to finished goods inventory. The ending work in process Inventory was estimated to be 70 percent complete Cost dans le Product Costs Beginning balance Added during period Total Sado Required Prepare a cost of production report showing the following: a. The number of equivalent units of production. b. The product cost per equivalent unit. c. The total cost allocated between ending work in process inventory and finished goods inventory. LO 12-4 Problem 12-21A Process costing system with second department CHECK FIGURES a. Cost/unit: $2.50 A fundament X C o mpany Had 3001 Inbox 671) source.com /books/9781259748783/0ft/6/54/4/492/348/6/ 2 0.12.5 The total cost allocated between the ending Work in Process Inventory and Finished Goods Inventory LO 12-4 Problem 12-20A Determining inventory cost using a process costing system CHECK FIGURE b. $110 Molton Company had 300 units of product in work in process inventory at the beginning of the period. It started 1.500 units during the period 1.200 units to finished goods inventory. The ending work in process Inventory was estimated to be 70 percent complete Cost dans le Product Costs Beginning balance Added during period Total Sado Required Prepare a cost of production report showing the following: a. The number of equivalent units of production. b. The product cost per equivalent unit. c. The total cost allocated between ending work in process inventory and finished goods inventory. LO 12-4 Problem 12-21A Process costing system with second department CHECK FIGURES a. Cost/unit: $2.50 A

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