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Wright Company adds material at the start of production. The following production information is available for September: Beginning Work in Process Inventory (45% complete as
Wright Company adds material at the start of production. The following production information is available for September:
| Beginning Work in Process Inventory |
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| (45% complete as to conversion) | 10,000 | units |
| Started this period | 120,000 | units |
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| Ending Work in Process Inventory |
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| (80% complete as to conversion) | 8,200 | units |
| Beginning Work in Process Inventory Costs: |
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| Material | $24,500 |
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| Conversion | 68,905 |
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| Current Period Costs: |
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| Material | $ 75,600 |
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| Conversion | 130,053 |
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Refer to Wright Company. What is the total cost to account for? Please show calculations!
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