Price Company produces grape juice in a continuous process. The company employs a FIFO process costing...

 

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Price Company produces grape juice in a continuous process. The company employs a FIFO process costing system. Data concerning activity in January at the company are given in the table below. Equivalent units in ending WIP Costs per equivalent unit Direct Materials 5,700 $8.00 Conversion Costs 5,000 $14.75 127,000 units were completed and transferred out to finished goods during January. The total cost of the ending WIP is: Price Company produces grape juice in a continuous process. The company employs a FIFO process costing system. Data concerning activity in January at the company are given in the table below. Equivalent units in ending WIP Costs per equivalent unit Direct Materials 5,700 $8.00 Conversion Costs 5,000 $14.75 127,000 units were completed and transferred out to finished goods during January. The total cost of the ending WIP is:

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