Assign Costs to units transferred out and in process

Sigchi4life
Category:
Accounting
Price: $5 USD

Question description

Trek Company has the following production data for April: units transferred out $40,000, and ending work in process 5,000 units that are 100% complete for materials and 40% complete for conversion costs. If unit materials cost is $4 and unit conversion cost is $7, determine the cost to be assigned to the units transferred out and the units in ending work in process.

Tutor Answer

(Top Tutor) Daniel C.
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School: New York University
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