Blanche Corporation adds materials at the end of the process in the injection department, which is the
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Question:
Blanche Corporation adds materials at the end of the process in the injection department, which is the second of two stages of its production cycle. Information concerning the materials used in the forming department in April follows:
Units Materials Costs
Work in process at March 1 30,000 $60,000
Units transferred from previous department during March 125,000 $360,000
Units completed and transferred to next department during March 120,000
Using the average cost method, what is the material cost of the work in process at March 31 (rounded to the nearest dollar)?
a. $108,000
b. $126,000
c. $120,000
d. $0
Related Book For
Accounting Principles
ISBN: 978-0470533475
9th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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