Sequal Company has the following production data for June: units transferred out 50000 and ending work in process 6000 units that are 100% complete for materials and 30% complete for conversion costs. Unit materials cost is $5 and unit conversion cost is $7.
Instructions
Determine the costs to be assigned to the units transferred out and the units in ending work in process.

Question

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The Answer of Sequal Company has the following production data for June: units transferred out 50000 and ending work in process 6000 units that are 100% complete for materials and 30% complete for conversion costs. Unit materials cost is $5 and unit conversion cost is $7.
Instructions
Determine the costs to be assigned to the units transferred out and the units in ending work in process.

Sequal Company Has the Following Production Data for June: Units