Question
Production data show 12,800 units were transferred out of a stage of production and 4,600 units remained in ending WIP inventory that was 100% complete
Production data show 12,800 units were transferred out of a stage of production and 4,600 units remained in ending WIP inventory that was 100% complete to material and 35% complete to conversion. The unit material cost is $4 for material and $5 for conversion. What is the amount of ending work in process inventory ?
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Forensic Analytics Methods And Techniques For Forensic Accounting Investigations
Authors: Mark J. Nigrini
2nd Edition
1119585767, 9781119585763
