a edugern s.com IS Wevgandt, Financial & Managerial Accounting, ze Help I System

Question

a edugern s.com IS Wevgandt, Financial & Managerial Accounting, ze Help I System Announcements.(. Unread) PRINTER VERSTON BCK Exercise 17-3 (Part Level Submission) The ledger of American Company has the following work in process account Work in Process-Painting 51 Balance 5/31 Materials 6,340 S/31 Labor S/31 Overhead1,680 /31 Balance 3,890 5/31 Transferred out 4,030 tudy The beginning work in process had materials cost of S2.840 and conversion costs of $1,050. The units in ending nventory were 40% complete. Materials are entered at the beginning of the painting process (a) How many units are in process at May 3 Work in process, May 31 units SAVE POR LATER Artempts: O of 3 used (b)

Explanation / Answer

Calculate ending work in process :

Ending work in process = Beginning work in process+Unit started-Unit transfered out

                                   = (510+1650-1580)

Ending work in process = 580

so work in process may 31 is 580 unit

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