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Question 1 Inter Manufacturing Company manufactures expensive chairs. The following data relates to the month...

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Question 1 Inter Manufacturing Company manufactures expensive chairs. The following data relates to the month of January 2007 Units Beginning Work in Process (1-1-07) Completed and transferred out during January Ending Work in Process (31-1- 07) Costs added during January 3,000 10,000 5,000 Percentage of Completion Beginning Work in Process (1-1-07) 40% Ending Work in Process (31-1 07) Costs added during January 60% Total costs Beginning Work in Process (1-1-07) Costs added during January $60,300 $160,000 Beginning Work in Process (1-1-07) Costs added during January Conversion costs $5,200 $52.400 The company uses Weighted Average Process Costing Method and materials are added at the beginning of process A 13.000 8 15.000 FS F6 F8

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