Question

For the Mixing Department, unit materials cost is $8 and unit conversion cost is $12. If materials are added at the beginning of the process and there are 6,000 units in the ending work-in process which are 75% complete as to conversion costs, what are the costs that should be assigned to the ending work-in process inventory?

Answer 1

Answer:

The costs that should be assigned to the ending work-in process inventory is $102,000.

Explanation:

the costs that should be assigned to the ending work-in-process inventory = $8×6000 + 0.75×$12×6000

               = $102000

Therefore, the costs that should be assigned to the ending work-in process inventory is $102,000.