Milling Department Cost of beginning work in process inventory Costs added during the period Total cost Multiple Choice C Assume the equivalent units of production for materials and conversion, when using the weighted-average method, are 5,200 units and 5,000 units, respectively. If the equivalent units in ending work in process inventory for materials and conversion are 400 units and 200 units, respectively, then what is the total cost of ending work in process for the Milling Department? $49,520 $29,520 $39,520 Materials $10,000 291,600 $ 301,600 $59,520 Conversion $ 15,000 393,000 $ 408,000 Total $ 25,000 684,600 $ 709,600

Milling Department Cost of beginning work in process inventory Costs added during the period Total cost Multiple Choice C Assume the equivalent units of production for materials and conversion, when using the weighted-average method, are 5,200 units and 5,000 units, respectively. If the equivalent units in ending work in process inventory for materials and conversion are 400 units and 200 units, respectively, then what is the total cost of ending work in process for the Milling Department? $49,520 $29,520 $39,520 Materials $10,000 291,600 $ 301,600 $59,520 Conversion $ 15,000 393,000 $ 408,000 Total $ 25,000 684,600 $ 709,600

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Description: Milling DepartmentCost of beginning work in process inventoryCosts added during the periodTotal costMultiple ChoiceCAssume the equivalent units of production for materials and conversion, when using the weighted-average method, are 5,200 units and 5

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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