Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. production data show 45,051 units were transferred

Production data show 45,051 units were transferred out of a stage of production and 8,754...

50.1K

Verified Solution

Question

Accounting

Production data show 45,051 units were transferred out of a stage of production and 8,754 units remained in ending WIP inventory that was 100% complete to material and 27% complete to conversion. The unit material cost is $8 for material and $7 for conversion. What is the amount of inventory remaining in ending work in process inventory? Round to the nearest whole dollar, no decimals.

Answer & Explanation Solved by verified expert
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!
Become a Member

Other questions asked by students

Biology
1.2K views

1. what is a virus? What are the causes of the common cold?

Biology
1.2K views

Do eukaryotes that have chloroplasts also have mitochondria? Do eukaryotes that have mitochondria also have chloroplasts?...

Civil Engineering
1.2K views

The best available affordable technology (BAAT) to remove Turbidity from water is the coagulation-flocculation process in potable...

Basic Math
1.2K views

Use the Venn diagram shown to list the set B in roster form U A...

Calculus
1.2K views

Find the maximum or minimum value of the function f x x 2x 5 Is...

Algebra
1.2K views

The vertex of a graph of a quadratic function is 4 3 The y intercept...

Accounting
1.2K views

Cich D vibends gn Comimon Srock Required Cich D vibends gn...

Accounting
1.2K views

you should use Excel formulas 2. Using the trial balances data on the...

Accounting
1.2K views

**Objective Question:** Which set of standards governs the conduct of audits performed...

Accounting
1.2K views

Wildhorse Co. reported net income of $176,240 for 2017. Wildhorse Co. also reported depreciation expense...

Accounting
1.2K views

Unit 5 Assignment Lance Company controls its cash by depositing cash receipts daily and making...

Finance
1.2K views

what are various kinds of legal issues that may be involved with performance management systems?