Beginning Work in Process Inventory (70% complete as to conversion) Started Ending Work in Process Inventory (10% complete as to conversion) 6,000 units 24,000 units 8,500 units Beginning WIP Inventory Costs: Material P23,400 50,607 Conversion Current Period Costs: Material P31,500 76,956 Conversion

Beginning Work in Process Inventory (70% complete as to conversion) Started Ending Work in Process Inventory (10% complete as to conversion) 6,000 units 24,000 units 8,500 units Beginning WIP Inventory Costs: Material P23,400 50,607 Conversion Current Period Costs: Material P31,500 76,956 Conversion

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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