Question
Slurpee produces soft drinks and sodas. Production of 100,000 liters was started in February, 85,000liters was completed. Material costs were 38,220 for the month while
Slurpee produces soft drinks and sodas. Production of 100,000 liters was started in February, 85,000liters was completed. Material costs were 38,220 for the month while conversion costs were $16,380. There was no beginning work-in process; the ending work-in process was 40% complete.What is the cost of the produce that was completed and transferred to finish goods? And What is the cost of the product that remains in work-in-process?
What is the cost of the produce that was completed and transferred to finish goods?
A.$54,600
b. $51,000
C.$46,410
D$ 38220
What is the cost of the product that remains in work-in-process?
A.$16380
B.51000
C.3600
D.$9000
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