Question: Tamarisk Company had planned to complete its latest batch of pillar candles before year-end, but it simply ran out of time. During the period,

Tamarisk Company had planned to complete its latest batch of pillar candles before year-end, but it simply ran out of time. During the period, 5,160 new candles were started in addition to the 740 that were already in process. At year-end, 5,080 candles were complete. Tamarisk adds all of its DM at the beginning of the process and uses the weighted-average method of process costing. Ending WIP Inventory this period was three-quarters complete for conversion costs. How many units does Tamarisk have in ending inventory this period? Units in ending WIP inventory
Step by Step Solution
3.49 Rating (166 Votes )
There are 3 Steps involved in it
To calculate the units in ending WIP inventory we need to first calculate the equivalent units of pr... View full answer
Get step-by-step solutions from verified subject matter experts
