The managerial accountant at Duck Manufacturing reported the following information:

The cost of ending WIP is closest to

Question

The managerial accountant at Duck Manufacturing reported the following information:

The cost of ending WIP is closest to

Quizplus · Accepted Answer

D)Trans in Materials Conversion
Units completed 225,000 232,000 232,000
End WIP 54,500 (60% × 47,500)28,500 9,500 (20% × 47,500)
Total units 279,500 260,500 241,500
Costs
Beg Inv.$99,000 $67,500 $145,400
Added 1,550,050 909,375 542,875
Total 1,649,050 976,875 688,275
Unit Costs $5.90 $3.75 $2.85 = $12.50
End WIP 47,500 60% 28,500 9,500 20%
$280,250 $106,875 $27,075 = $414,200

The Managerial Accountant at Duck Manufacturing Reported the Following Information