Trout, Inc. prepared the following production report: Additional information: Trout adds direct materials at the beginning of the process, while conversion costs are incurred uniformly throughout the process. At the beginning of the period, Work in Process Inventory was 40% complete. At the end of the period, Work in Process Inventory was 70% complete.
Required:
Fill in the missing amounts.

Question

Trout, Inc. prepared the following production report:  Additional information: Trout adds direct materials at the beginning of the process, while conversion costs are incurred uniformly throughout the process. At the beginning of the period, Work in Process Inventory was 40% complete. At the end of the period, Work in Process Inventory was 70% complete.
Required:
Fill in the missing amounts.

Quizplus · Accepted Answer

The Answer of Trout, Inc. prepared the following production report:  Additional information: Trout adds direct materials at the beginning of the process, while conversion costs are incurred uniformly throughout the process. At the beginning of the period, Work in Process Inventory was 40% complete. At the end of the period, Work in Process Inventory was 70% complete.
Required:
Fill in the missing amounts.