Question: Ending WIP40% complete materials / 50% complete for conversion is 10,000 unitsCost of materials in WIP is $8,000 Cost of Conversion in WIP is $10,000Units
Ending WIP40% complete materials / 50% complete for conversion is 10,000 unitsCost of materials in WIP is $8,000 Cost of Conversion in WIP is $10,000Units Started in month was 120,000 Conversion costs added during month $250,000Material costs added during month was $210,000Beginning WIP70% complete materials / 60% complete for conversion is 5,000 unitsCost of materials in WIP is $4,000 Cost of Conversion in WIP is $5,500Compute the cost per unit in good report format for the month, using the weighted average method.
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