Question: Table 2: Data for the Bottling Department for August 2017 Physical units Direct Conversion (barrels) Transferred-in materials costs Work in process, August 1 250

Table 2: Data for the Bottling Department for August 2017 Physical units

Table 2: Data for the Bottling Department for August 2017 Physical units Direct Conversion (barrels) Transferred-in materials costs Work in process, August 1 250 $100,000 $0 $7,105 Degree of completion of beginning work in process 100% 0% 70% Transferred-in during August 2017 ? Completed during August 2017 300 Work in process, August 31 1,150 Degree of completion of ending work in process 100% 0% 60% Total costs added during August 2017 ? $18,400 $14,025 Note: All monetary values are in US dollars.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!