Unit costs for materials and conversion cost amount to $8 and $7 respectively. The ending work in process costs for 12,000 units (100% complete as to material and 60% complete as to conversion costs) amount to A) $96,000. B) $84,000. C) $146,400. D) $134,400.

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter3: Process Cost Systems
Section: Chapter Questions
Problem 5BE: The cost of direct materials transferred into the Rolling Department of Kraus Company is 3,000,000....
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Unit costs for materials and conversion
cost amount to $8 and $7 respectively. The
ending work in process costs for 12,000
units (100% complete as to material and
60% complete as to conversion costs)
amount to
A) $96,000.
B) $84,000.
C) $146,400.
D) $134,400.
Transcribed Image Text:Unit costs for materials and conversion cost amount to $8 and $7 respectively. The ending work in process costs for 12,000 units (100% complete as to material and 60% complete as to conversion costs) amount to A) $96,000. B) $84,000. C) $146,400. D) $134,400.
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