Homework Answers
Total cost to account for = Beginning work in process cost + Costs added during October
= 3,000 + 25,560
= $28,560
Total units = Work in process, beginning + units started
= 6,000 + 50,000
= 56,000 units
Material cost per unit = Total material cost/Total units
= 28,560/56,000
= $0.51
Work in process, Oct 31 = Work in process, Oct 1 + Units started - Units completed
= 6,000 + 50,000 - 44,000
= 12,000 units
Material cost of work in process at Oct 31 = Work in process, Oct 31 x Cost per unit
= 12,000 x 0.51
= $6,120
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