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Information about the July work in process (WIP) inventory follows. Use this information with that...

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Accounting

Information about the July work in process (WIP) inventory follows. Use this information with that from pait 1 to prepare a production cost report, assuming the weighted average method is used.
Units
Beginning WIP inventory
Started
Units transferred out
Ending WIP inventory
Beginning WIP inventory
Direct materials-Percent complete
Conversion-Percent complete
Ending WIP inventory
Direct materials-Percent complete
Conversion-Percent complete
5,000 units
14,000 units
11,000 units
8,000 units
100%
75%
100%
40%
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