Narwhal Swimwear has a beginning work in process inventory of 14,500 units and transferred in 120,000 units before ending the month with 15,000 units that were 100% complete with regard to materials and 40% complete with regard to conversion costs. The cost per unit of material is $6.00 and the cost per unit for conversion is $7.80 Using the weighted-average method, what is the amount of material and conversion costs assigned to the department for the month? Material cost Conversion cost $
Narwhal Swimwear has a beginning work in process inventory of 14,500 units and transferred in 120,000 units before ending the month with 15,000 units that were 100% complete with regard to materials and 40% complete with regard to conversion costs. The cost per unit of material is $6.00 and the cost per unit for conversion is $7.80 Using the weighted-average method, what is the amount of material and conversion costs assigned to the department for the month? Material cost Conversion cost $
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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