Question: Bellevue Chemicals had beginning work - in - process inventory of $ 2 3 9 , 9 1 0 on March 1 . Of this
Bellevue Chemicals had beginning workinprocess inventory of $ on March Of this amount, $ was the cost of direct materials and $ was the cost of conversion. The units in the beginning inventory were percent complete with respect to direct materials and percent complete with respect to conversion costs.
During March, units were transferred out and remained in ending inventory. The units in ending inventory were percent complete with respect to direct materials and percent complete with respect to conversion costs. Costs incurred during March amounted to $ for direct materials and $ for conversion.
Compute the costs of goods transferred out and the ending inventory for March using the weightedaverage method.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
