Solution-What was the value of the output transferred from

What was the value of the output transferred from process

Reference no: EM132582984

Corona, Inc. manufactures a product which goes through three consecutive processes: Process 1, Process 2, and Process 3. Data for the month of September, 2019 are as follows:

                                                  Process 1            Process 2                   Process 3
Opening work in process             8,000            13,000                        2,000
Materials added                       20,000                4,000                 5,000
Conversion cost                       10,000               10,000                     16,000
Closing work in process               6,000                 9,000                         4,000

REQUIRED:

Question 1: What was the value of the output transferred from Process 3 to the finished goods warehouse for the month of September 2019?

Reference no: EM132582984

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What was the value of the output transferred from process

Reference no: EM132582984

Reference no: EM132582984

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