After transferring out 800 units, your company has 2000 units in ending work in process that are 100% complete with regard to material and 60% complete with regard to conversion costs. If the cost per unit is $10 for materials and $10 for conversion, what is the cost of units in ending work in process inventory using the weighted- average method?

After transferring out 800 units, your company has 2000 units in ending work in process that are 100% complete with regard to material and 60% complete with regard to conversion costs. If the cost per unit is $10 for materials and $10 for conversion, what is the cost of units in ending work in process inventory using the weighted- average method?

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 3EB: A company has 100 units in ending work in process that are 40% complete after transferring out 750...

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