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Author Question: Use the information below to answer the following questions:Units:Beginning WIP52,000 80% for ... (Read 49 times)

jessicacav

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on: Jan 5, 2020
Use the information below to answer the following questions:

Units:
Beginning WIP52,000
80% for materials
30% for conversion
Transferred-in200,000
Completed228,000
Ending WIP
50% for materials
10% for conversion24,000
Costs:
Beginning WIP
Direct materials$     68,000
Conversion146,200
Transferred-in94,000
      Total Beginning WIP$   308,200
Transferred-in from department 1$1,600,000
Direct materials added$   907,250
Conversion added $   542,000


If the Singleton Company uses the weighted-average method, then the what is the closest amount that would be in WIP ending inventory?
◦ $55,931
◦ $217,265
◦ $330,546
◦ $308,200
Managerial Accounting, Canadian Edition ¦ Braun, Tietz, Pyper ¦ 2nd Edition
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Marked as best answer by jessicacav on Jan 5, 2020

Joy Chen

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Reply #1 on: Jan 5, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jessicacav

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

cassie_ragen

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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