Question: At mixing department, all materials are added at the beginning of the process. Lahore and overhead (conversion resources) are added evenly throughout the process. The

At mixing department, all materials are added at the beginning of the process. Lahore and overhead (conversion resources) are added evenly throughout the process. The following information pertains to the Mixing Department for the month of August.

Using the FIFO method, what is the cost assigned to the ending work-in-process inventory?
a. $10,260.
b. $8,280.
c. $8,680.
d. $9,140.

Physical units 1,000 units (60% complete) Materials Conversion $2,340 Beginning work-in- process inventory Units started in August 6,000 units $4,600 Ending work-in- process inventory Costs added in August 800 units (50% complete) 40,200 49,800

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