Sun Auto Detailers makes an environmentally sound automobile cleaner. The following data is available for the month
Question:
Sun Auto Detailers makes an environmentally sound automobile cleaner. The following data is available for the month of January
Requirements
Using the FIFO method, determine the following. Show yourwork.
Transcribed Image Text:
Beginning Work in Process Direct Materials Conversion Costs 50% 50% Ending Work in Process Direct Materials Conversion Costs 75% 65% Cost in Beginning Work in Process Direct Materials Conversion Costs 52,500 28,500 Additional Information: Work in processing beginning Units in process 10,000 Units started into production Units completed and transferred out 60,000 40,000 Work in process, ending Units in process 30,000 Material costs added Conversion costs $150,000 58,000 $208,000
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Cost management a strategic approach
ISBN: 978-0073526942
5th edition
Authors: Edward J. Blocher, David E. Stout, Gary Cokins
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