Figure 6-6
Mannassass Company manufactures chairs. The following information was given for the company:
Materials in the ending inventory were 100 percent complete and conversion in the ending inventory was 20 percent complete.
-The following information pertains to Firewire Corporation: Units
Work in process, November 1 (20% complete) 3,000
Started in November 24,000
Materials are added at the beginning of the process.
If 18,000 units were completed during the month, ending work in process at November 30 is

Question

Figure 6-6
Mannassass Company manufactures chairs. The following information was given for the company:
  Materials in the ending inventory were 100 percent complete and conversion in the ending inventory was 20 percent complete.
-The following information pertains to Firewire Corporation: Units
Work in process, November 1 (20% complete) 3,000
Started in November 24,000
Materials are added at the beginning of the process.
If 18,000 units were completed during the month, ending work in process at November 30 is

Quizplus · Accepted Answer

Units started in November = 24,000Units completed in November = 18,000Units in ending work in process = 24,000 - 18,000 = 6,000Units in beginning work in process = 3,000Equivalent units of production = 6,000 + (3,000 * 20%) = 6,600Units in ending work in process = 6,600 * 20% = 1,320Therefore, the ending work in process is 1,320 units.

Figure 6-6 Mannassass Company Manufactures Chairs. the Following Information Was Given for Given