In the Shaping Department of Jenkins Company the unit materials cost is $4.00 and the unit...
In the Shaping Department of Jenkins Company the unit materials cost is $4.00 and the unit conversion cost is $2.00. The department transferred out 8,000 units and had 3,000 units in ending work in process 20% complete. If all materials are added at the beginning of the process, the total cost to be assigned to the ending work in process is
| A. |
$13,200. |
|
| B. |
$11,000. |
|
| C. |
$18,000. |
|
| D. |
$18,600. |
Homework Answers
|
Total Cost assigned to ending wip = Materials (3,000*4) + conversion (3,000*20%*2) = 12,000 + 1,200 = 13,200 |
||
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