Question
Q13.Aeron Corp uses WA (weighted-average) method in its process costing system. Data concerning the rst processing department for the most recent month are listed below:
Q13.Aeron Corp uses WA (weighted-average) method in its process costing system. Data concerning the rst processing department for the most recent month are listed below: [3 Marks]
| Beginning work in process inventory: |
|
| Units in beginning work in process inventory | 500 |
| Materials costs | $ 7,800 |
| Conversion costs | 9,100 |
| Percent complete with respect to materials | 85% |
| Percent complete with respect to conversion | 55% |
| Units started into production during the month | 7,000 |
| Units transferred to the next department during the month | 6,500 |
| Materials costs added during the month | $ 102,700 |
| Conversion costs added during the month | 184,400 |
| Ending work in process inventory: |
|
| Units in ending work in process inventory | 2,400 |
| Percent complete with respect to materials | 60% |
| Percent complete with respect to conversion | 50% |
Estimate the total cost transferred from the rst processing department to the next processing department?
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Integrated Reporting And Audit Quality An Empirical Analysis In The European Setting
Authors: Chiara Demartini, Sara Trucco
1st Edition
3319488252, 9783319488257
