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Please find these numbers and explain the reasons. Thank you. T2-2 Processing costing: Cost flows (LO 2) Fill in the missing data (ignore indirect materials).
Please find these numbers and explain the reasons.
Thank you.
T2-2 Processing costing: Cost flows (LO 2) Fill in the missing data (ignore indirect materials). Beginning balance Materials purchased Direct materials used Conversion costs incurred Transfers of completed units Cost of goods sold Ending balance Raw Materials Inventory WIP-Department 1 WIP-Department 1 WIPDepartment 2 WIP- Finished Goods Inventory $150,000 $ 60,000 $ 51,000 $250,000 805,000 $800,000 630,000 516,000 180,000 $1,100,000 d. c. gra $ 31,000 $150,000Step by Step Solution
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