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lina2011 [118]
3 years ago
5

A department begins the month with 100 units at a cost of $7,500 and 25% complete in goods in process. An additional 1,000 units

are started during the month and additional costs incurred are $12,500. At the end of the month, there are 200 units still in process which are 50% complete. Using FIFO, the ending balance in Work in Process Inventory is $ . Do not round intermediate calculations. Round final answer to the nearest dollar.
Business
1 answer:
Whitepunk [10]3 years ago
3 0

Answer:

Closing work in progress using FIFO is $1,282.

Explanation:

Working are attached:

Download docx
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