The following additional facts relate to production and costs are shown: Assembly department Finishing department Units Beginning units (Jan 1, 2019) Units started or transferred in Completed units...

ind the cost of goods complete and the work-in-process inventoryThe following additional facts relate to production and costs are shown:<br>Assembly<br>department<br>Finishing<br>department<br>Units<br>Beginning units (Jan 1, 2019)<br>Units started or transferred in<br>Completed units<br>Ending units (Jan 31, 2019)<br>500 units (30%)<br>5,500<br>?<br>300 units (50%)<br>400 units (20%)<br>600 units (60%)<br>Cost of beginning inventory<br>Transferred in costs<br>Material costs<br>Conversion costs<br>Costs incurred in January<br>Material costs<br>Conversion costs<br>57,700<br>98,000<br>74,950<br>5,280<br>394,000<br>2,000,000<br>18,300<br>100,200<br>

Extracted text: The following additional facts relate to production and costs are shown: Assembly department Finishing department Units Beginning units (Jan 1, 2019) Units started or transferred in Completed units Ending units (Jan 31, 2019) 500 units (30%) 5,500 ? 300 units (50%) 400 units (20%) 600 units (60%) Cost of beginning inventory Transferred in costs Material costs Conversion costs Costs incurred in January Material costs Conversion costs 57,700 98,000 74,950 5,280 394,000 2,000,000 18,300 100,200

Jun 11, 2022
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