Compute: Total Cost of Ending Inventory WIP, beginning 20,000 units Units started during the month 600,000 units WIP, ending (materials complete; 60% complete as to conversion cost) 40,000 Conversion Cost of WIP, beginning P 100,000 Conversion cost for the month P 655,000 Materials Cost of WIP, beginning P 140,000 Materials cost for the month P 790,000
Compute: Total Cost of Ending Inventory WIP, beginning 20,000 units Units started during the month 600,000 units WIP, ending (materials complete; 60% complete as to conversion cost) 40,000 Conversion Cost of WIP, beginning P 100,000 Conversion cost for the month P 655,000 Materials Cost of WIP, beginning P 140,000 Materials cost for the month P 790,000
Chapter5: Process Costing
Section: Chapter Questions
Problem 9EB: Production data show 15,200 units were transferred out of a stage of production and 3,500 units...
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Question
![Compute: Total Cost of Ending Inventory
WIP, beginning
20,000 units
Units started during the month
WIP, ending (materials complete;
60% complete as to conversion cost)
600,000 units
40,000
Conversion Cost of WIP, beginning
P 100,000
Conversion cost for the month
P 655,000
Materials Cost of WIP, beginning
P 140,000
Materials cost for the month
P 790,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fe12cf90b-ba36-4440-8bc9-ab5fdcfe36e5%2F1f40dd51-0494-4a09-84cf-f5010e9f1e25%2Fyqh9dp_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Compute: Total Cost of Ending Inventory
WIP, beginning
20,000 units
Units started during the month
WIP, ending (materials complete;
60% complete as to conversion cost)
600,000 units
40,000
Conversion Cost of WIP, beginning
P 100,000
Conversion cost for the month
P 655,000
Materials Cost of WIP, beginning
P 140,000
Materials cost for the month
P 790,000
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