Explain the costs assigned to units transferred to finished

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Reference no: EM13227267

Explain the costs assigned to units transferred to finished goods during October and costs assigned to ending work-in process inventory on October 31?:

500 units in the beginning work in process inventory that were 60% complete.

• Beginning work in process had $1600 of materials cost and $1,200 of conversion costs.

• Materials are added at the beginning of the process and conversion costs are added uniformly throughout the process. • During October, 1,000 units were completed and transferred to the finished goods inventory and there were 200 units that were 25% complete in the ending work in process inventory on October 31.

• During October, manufactu

Reference no: EM13227267

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