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Compute the total costs of units transferred-out

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Reference no: EM132775005

Question - The following information is available for DVC Corporation for the current month:

Started this month 120,000 Units

Beginning WIP (3/5 incomplete) 11,250 Units

Total spoilage 3,000 Units

Abnormal spoilage 1,350 Units

Ending WIP (30% to be done) ? Units

Transferred out 108,750 Units

Beginning Work in Process Costs:

Material P 15,600

Conversion 20,700

Current Costs:

Material P 180,000

Conversion 525,915

All materials are added at the start of production and the inspection point is at the end of the process. Using the more accurate method representing the physical flow of units.

Required -

1. Compute the total costs of units transferred-out?

2. Compute the amount of work in-process, end?

Reference no: EM132775005

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