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Author Question: Use the information below to answer the following questions:Hannish Orchards, a juice manufacturer, ... (Read 73 times)

serike

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Use the information below to answer the following questions:

Hannish Orchards, a juice manufacturer, uses a process that adds flavouring at the beginning of the process and vitamins and minerals 70% of the way through the process.  Conversion costs are evenly distributed.  Assume there are no beginning inventories.  The company started making 10,000 gallons of the drink, and the 2,000 gallons left in ending WIP were 40% of the way through the process.

Costs incurred during the period were:

$9,500 for flavouring
$6,500 for vitamins/minerals
$4,800 for conversion costs


The cost assigned to ending work in process at Hannish Orchards would be closest to
◦ $4,616.
◦ $2,991.
◦ $1,900.
◦ $2,336.


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Marked as best answer by serike on Jan 5, 2020

xthemafja

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serike

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Reply 2 on: Jan 5, 2020
Great answer, keep it coming :)


Mochi

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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