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please show you work if possible. Thank you! A company uses process costing and provides the following information for the month of August: Cost Data
please show you work if possible. Thank you!
A company uses process costing and provides the following information for the month of August: Cost Data for August 100 Materials Conversion Total Physical Flow in August Units in Process, Aug. 1 Units Started in August Units Completed in August Units in Process, Aug. 30 1100 Beg. WIP: $734 $1,547 $2,281 1120 Current Period: 12.708 $13,897 $26.605 80 Total: $13,442 $15,444 $28,886 Units in process at the end of August were 30% complete with respect to materials and conversion costs. How much cost should be assigned to ending work-in-process inventory for the month of August? (Round all intermediate calculations and the final answer to the nearest dollar and cents.) Step by Step Solution
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