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What is the $ value of the remaining balance in WIP? You have been provided the following information: % Complete % Complete Materials Conversion Opening
What is the $ value of the remaining balance in WIP?
| You have been provided the following information: | % Complete | % Complete | |
| Materials | Conversion | ||
| Opening Costs | 12,000 | 400 | |
| Cost added during the period | 14,000 | 9,000 | |
| Total Transferred Units | 500 | ||
| WIP, January 1st, 2020 | 400 | 40% | 50% |
| WIP, December 31st, 2020 | 600 | 25% | 85% |
| Started Units | 700 |
a.
16067.20
b.
19332.90
c.
24653.47
d.
7775.10
e.
15225.00
f.
10748.10
g.
24655.00
h.
21564.00
i.
None of the above
j.
13833.60
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