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Tom [10]
3 years ago
15

Work in Process Inventory

Business
1 answer:
dedylja [7]3 years ago
8 0

Answer:

e. $8,360.

Explanation:

The started and completed units cost $42,250

Completed and transferred out           $ 50,610

The cost of completing the units in the beginning Work in Process inventory

=  Completed and transferred out           $ 50,610 minus The started and completed units cost $42,250 =

                              =$ 50,610-$42,250 =  $8,360.

The completed units would not require any work in process and the started units only require work in process which is equal to $8,360.

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Decisions made by management must be informed decisions and one of the ways in which an investment decision can be evaluated to check if it is worthwhile is the capital budgeting process

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