Mara uses a weighted-average process costing. It had the following data in August. Beginning inventory, 60% complete Units completed 10,000 units 50,000 units Units in ending inventory, 40% complete...

Required:

Compute the ending inventory of WIP

Compute the cost transferred to finish goods

Mara uses a weighted-average process costing. It had the following data in August.<br>Beginning inventory, 60% complete<br>Units completed<br>10,000 units<br>50,000 units<br>Units in ending inventory, 40% complete<br>5,000 units<br>Cost of beginning inventory<br>Current period production costs<br>P105,000<br>P831,000<br>

Extracted text: Mara uses a weighted-average process costing. It had the following data in August. Beginning inventory, 60% complete Units completed 10,000 units 50,000 units Units in ending inventory, 40% complete 5,000 units Cost of beginning inventory Current period production costs P105,000 P831,000

Jun 11, 2022

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Mara uses a weighted-average process costing. It had the following data in August. Beginning inventory, 60% complete Units completed 10,000 units 50,000 units Units in ending inventory, 40% complete...

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