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Production:Units in process, April 1, 60% complete 60,000 Units completed and transferred out150,000 Units in process, April 30, 20% complete30,000 Costs:WIP, April 1:Cabinets $1,200,000 Kicker
Production:Units in process, April 1, 60% complete 60,000 Units completed and transferred out150,000 Units in process, April 30, 20% complete30,000 Costs:WIP, April 1:Cabinets $1,200,000 Kicker components12,600,000 Conversion costs5,400,000 Costs added during April:Cabinets$2,400,000 Kicker components 25,200,000Conversion costs 8,640,000
I need help calculating 1) cost of ending work in process
2) Cost of goods transfered out
3) Cost of goods in ending work in process
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