Trek Company has the following production data for April: units transferred out 41,300 and ending work in process 5,590 units that are 100% complete for materials and 40% complete for conversion costs. If unit materials cost is $4 and unit conversion cost is $9. Determine the costs to be assigned to the units transferred out and the units in the ending work in process.

Trek Company has the following production data for April: units transferred out 41,300 and ending work in process 5,590 units that are 100% complete for materials and 40% complete for conversion costs. If unit materials cost is $4 and unit conversion cost is $9. Determine the costs to be assigned to the units transferred out and the units in the ending work in process.

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 6PA: Narwhal Swimwear has a beginning work in process inventory of 13,500 units and transferred in...

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