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Question 6 (15 points) Alpha Company had the following information for FY 2017: Work in Process 1/1/17 100,000 units Units Started into Production 575,000 units
Question 6 (15 points) Alpha Company had the following information for FY 2017: Work in Process 1/1/17 100,000 units Units Started into Production 575,000 units Work in Process - 12/31/17 75,000 units Direct Material put Into Production $575,000 Conversions Costs put into Production $843,750 The beginning work in process was 100% complete as to direct materials and 75% complete as to conversion costs. The ending work in process was 100% complete as to direct materials and 50% complete as to conversion costs. The beginning work in process consisted of: Direct Material $100,000 Conversion Costs $112.500
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