Data concerning a recent period's activity in the Assembly Department, the first processing department in a...

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Data concerning a recent periods activity in the Assembly Department, the first processing department in a company that uses

business accounting

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Answer 1

Answer #1

Calculate following

		Materials	Conversion	Total
1.	Cost of ending work in process inventory	440*2.40 = 1056	190*.60 = 114	1170
2.	Cost of units transferred to the next department	23440*2.40+3100 = 59356	23990*.60+730 = 15124	74480

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Answer 2

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