Homework Answers
Answer:
The Total cost assigned to the ending work in process inventory
is = Material + Labor
CALCULATE COST OF ENDING WIP:
|
Particulars |
AMOUNT $ |
|
DIRECT MATERIAL (18000*$2.75) |
49500 |
|
CONVERSION COST (18000*60%*$4.25) |
45900 |
|
Ending WIP Total cost |
$ 95400 |
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