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Winter Company reported the following for the most recent month: Physical Units ...

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Question

Accounting

Winter Company reported the following for the most recent month:
Physical Units
Beginning work in process (60% complete)700
Units transferred in (started) during month 4,800
Ending work in process 950
Materials are added at the end of the process and conversion costs are added evenly
throughout the process. If equivalent whole units of production for conversion using
the FIFO were 4,396, what percent complete was ending work in process at the end of
the month?
a.20%
b.16%
c.44%
d.28%
e.25%
f.72%
g.100%
h. None of the above

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