Hindsville produces a cleaning solvent. Production of 200,000 gallons was started in February. 170,000 gallons...
70.2K
Verified Solution
Link Copied!
Question
Accounting
Hindsville produces a cleaning solvent. Production of 200,000 gallons was started in February. 170,000 gallons were completed. material costs were $138,220 for the month while conversion costs were $116,380. There was no beginning work in process. the ending work in process was 60% complete. What is the total cost of the product that was completed and transferred to finished goods? What is the value of the ending work in process?
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.