Dandy's Dandelion Wine Assembly Department started the month of August with 12,400 units in beginning work in process

1 answer:

6 0

The total cost of the goods that are in the ending inventory will be $49980.

<h3>How to calculate the ending inventory</h3>

<u>Reconciliation of accounts</u>

Beginning work in progress = $12400

Started into production = $48800

Less: Closing work in progress = $11900

Units completed = $49300

<u>Calculation of equivalent units</u>

Units completed = $49300

Ending WIP inventory = 11900 × 60% = $7140

Total conversion cost = $56440

Total material = 49300 + 11900 = 61200

<u>Cost per equivalent units</u>

Material = $183600/61200 = $3.00

Conversion cost = $112880/56440 = $2.00

<u>Calculation of cost of ending inventory</u>

Material = 11900 × $3 = $35700

Conversion cost = 7140 × $2 = $14280

Total cost of ending inventory = $49980

In conclusion, the total cost of ending inventory is $49980.

Learn more about ending inventory on:

You might be interested in

jonny [76]

I think the word you're looking for is congruent. Congruent angles always have the same angles.

8 0

3 years ago

stiv31 [10]

Step-by-step explanation:

$3x+9-7x=x+10+x\\-4x+9=2x+10\\-6x+9=10\\$

In the line 2, only variables were operated with a reduction of similar terms in each side of the equation, giving as result -4x at one side, and 2x at the other side.
In the line 3, terms with variables were joined together in one side of the equation, and then, they were operate it, given as result -6X.