Question
On April 1 WIP BB is 30 units, 170 units were started in April. WIP Balance on April 30 th was 100 units. Direct Material
On April 1 WIP BB is 30 units, 170 units were started in April. WIP Balance on April 30th was 100 units. Direct Material Cost for the month was $1,500.00 and Conversion Cost (Labor/OVHD) was $11,000 (WIP had a $0 BB for both Direct Material and Conversion Cost). Direct Material was 50% complete and Conversion was 10% complete.
Using your Process Costing Equivalent Unit Calculations the amount of WIP transferred to Department B would be?
| $14,000 | ||
| $50,000 | ||
| $71,000 | ||
| $11,000 |
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Strategic Management Theory And Cases An Integrated Approach
Authors: Charles W. L. Hill, Melissa A. Schilling, Gareth R. Jones
13th Edition
0357033841, 978-0357033845
