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The general ledger of Bramble Company has the following work in process inventory account. WORK IN PROCESS INVENTORYFINISHING 6/1 Balance 6,800 6/30 Transferred out ?
The general ledger of Bramble Company has the following work in process inventory account.
WORK IN PROCESS INVENTORYFINISHING
6/1
Balance
6,800
6/30
Transferred out
?
6/1
Materials
1,520
6/30
Labor
3,200
6/30
Overhead
2,360
6/30
Balance
?
Production records show that there were 1,680 units in beginning work in process inventory that were 50% complete; 6,720 units started into production, and 3,800 units completed and transferred out. The beginning work in process inventory had conversion costs of $ 3,624. The units in ending work in process inventory were 60% complete as to conversion costs. Materials are added at the beginning of the process.
Answer the following questions assuming the company uses weighted-average process costing.
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