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wolverine [178]
4 years ago
9

Refresh produces soft drinks and sodas. Production of 103,000 liters was started in February, 88,000 liters were completed. Mate

rial costs were $52,020 for the month while conversion costs were $32,580. There was no beginning work-in-process; the ending work-in-process was 40% complete. What is the cost of the product that remains in work-in-process?a.$54,600 b.$51,000 c.$46,410 d.$38,220
Business
1 answer:
Sophie [7]4 years ago
5 0

Answer:

$79200

Explanation:

Equivalent production

=$88000+[40%*(103000-88000)

=94 000 units

Cost per unit

=(52020+32580)/94 000

=$0.9

Costs=88 000* $0.9

          =$79 200

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Learn more about the level of wages here:

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