What were the materials cost of work in process at october

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Reference no: EM132549435

HyunBin Company adds materials in the beginning of the process in the Forming Department, which is the first of two stages of its production cycle.

Information concerning the materials used in the Forming Department in October is as follows:

                                             Materials

                                                 Units Costs

Work in process, October 1 6,000 P 3,000

Units started 50,000 25,560

Units completed and transferred out 44,000

Question 1: Using the average cost method, what were the materials cost of work in process at October 31?

Reference no: EM132549435

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