1.The company‘s production department had 2,500 produces in work in process at the beginning of the...

1.The company‘s production department had 2,500 produces in work in process at the beginning of the period and 2,000 at the end of the period
2.During the period, the production department transferred 12,500 products to packaging.
3.The inventory at the beginning of the period was 30% complete with respect to conversion costs, which are incurred evenly throughout the manufacturing process. The ending inventory in process was 25% complete with respect to conversion costs.
4.The production department of Penguin manufacturers incurred $60,000 in direct materials cost and $22,500 in conversion costs.
5.The beginning inventory in process had a cost of $1,900.

What is the cost of Units Transferred to the Packaging Department and The Cost of Ending Inventory in Process?

$73,400 Cost of Units Transferred to the Packaging Department

$11,000 Cost of Ending Inventory in Process

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ekkarill92 answered 1 year ago

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