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The following activity was recorded for a factory: Units Material Conversion total Work in Process, June 1 1,000 90% 30% Work in Process, June 30
| The following activity was recorded for a factory: | ||||||||
| Units | Material | Conversion | total | |||||
| Work in Process, June 1 | 1,000 | 90% | 30% | |||||
| Work in Process, June 30 | 2,000 | 40% | 70% | |||||
| Units Starated | 19,000 | |||||||
| Cost per Equivalen Unit | $ 2.00 | $ 5.00 | ||||||
| What is the toal cost of work in process ending inventory using the weighted average method? | ||||||||
| 10000 | ||||||||
| 2000 | ||||||||
| 4000 | ||||||||
| 5800 | ||||||||
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Financial Accounting Plus
Authors: Robert Libby, Patricia Libby, Daniel Short
7th Edition
0077480015, 9780077480011
