In the Baking Department of awesome cupcakes Inc., the unit materials cost is $12 and the...
In the Baking Department of awesome cupcakes Inc., the unit materials cost is $12 and the unit conversion cost is $9. The department transferred out 2,300 units and had 2,200 units in ending work in process 20% complete. If all materials are added at the beginning of the process, what is the total cost to be assigned to the ending work in process? $22,440 $26,400 $30,360 $46,200
Homework Answers
Direct material are added at the beginning of process so entire material cost will be addded for 2,200 ending units
however for conversion cost we will take equivalent unit
| % complete | equivalent units | cost | ending Work in process | |
| Direct material | 100% | 2,200[2,200*100%] | $12 | $26,400[2,200*$12] |
| Conversion cost | 20% | 440[2,200*20%] | $9 | $3,960[440*$9] |
| Total ending work in process | $30,360[$26,400+3,960] |
Answer C)
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