Ending work in process inventory

Assignment Help Accounting Basics

Reference no: EM13127015

Yimron Corporation uses the weighted-average method in its process costing system. Information for the month of March concerning Department A, the first stage of the company's production process, follows:

Materials Conversion Cost
Work in process, beginning $4,900 $2,600
Costs added during March $19,300 $15,700
Cost per equivalent unit $.25 $.17
Units completed and transferred to the next department 84,000 units
Work in process, ending 9,800 units

Materials are added at the beginning of the process. The ending work in process is 60% complete with respect to conversion costs. What cost would be recorded for the ending work in process inventory?

a) $4,116

b) $1,724.8

c) $3,449.6

d) $4,949.6

Reference no: EM13127015

Questions Cloud

Calculate the specific heat capacity of zinc : calculate the specific heat capacity of zinc given that a 65.5g sample loses 2008J of heat when cooled from 100.0 degrees celcius to 21.1 degrees celcius.

Auditors report as to consistency : Which of the following requires recognition in the auditor's report as to consistency?

Linear system of equations in real example : In 2001, 400 seat Boeing 747s were priced at $200 million each, 300 seat Boeing 777s were priced at $160 million, and 200 passenger Airbus A321s were priced at $60 million.

Setting and solving linear programming question : A furniture manufacturer produces sofas, tables, and chairs. The profits per item are, respectively, $70, $120, and $80. The pieces of furniture require the following labor-hours for their manufacture.

Ending work in process inventory : The ending work in process is 60% complete with respect to conversion costs. What cost would be recorded for the ending work in process inventory?

How many liters of this water could be contaminated : Exactly 100 pounds of cane sugar (dextrose), C12H22O11, were accidentally discharged into a small stream saturated with oxygen from the air at 25 celcius.

What is the molarity (m) of this saturated solution : The solubility of O2 (g) in water is 4.43mg O2/100 g H2O (20ºC and 1 atm). What is the molarity (M) of this saturated solution?

Percentage-of-completion method : What would be the effect of the project on 2009 operating income under the percentage-of-completion method and the completed contract method?

Elucidate financial statement element other than equity : Define investments by owners and provide examples of this type of transaction. What financial statement element other than equity is typically affected by owner investments?

User Account

All Pages