Question

EB9.

Answer 1

Answer:

Amount of inventory transferred=$197,600

Amount of inventory in work in process=$39,900

Explanation:

Amount of inventory transferred=Number of units*cost per unit

cost per unit= material cost per unit+ conversion cost per unit

                     =$9+$4

                     =$13

Amount of inventory transferred=15,200*13=$197,600

Amount of inventory in work in process=3,500*9*100%+3,500*4*60%

                                                                 =$39,900