Marigold Company had planned to complete its latest batch of pillar candles before year-end, but it simply ran out of time. During the period, 5,390 new candles were started in addition to the 790 that were already in process. At year-end, 5,060 candles were complete. Marigold adds all of its DM at the beginning of the process and uses the weighted-average method of process costing. Ending WIP Inventory this period was three-quarters complete for conversion costs. How many units does Marigold have in ending inventory this period? Units in ending WIP inventory

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter9: Evaluating Variances From Standard Costs
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Marigold Company had planned to complete its latest batch of pillar candles before year-end, but it simply ran out of time. During the
period, 5,390 new candles were started in addition to the 790 that were already in process. At year-end, 5,060 candles were complete.
Marigold adds all of its DM at the beginning of the process and uses the weighted-average method of process costing. Ending WIP
Inventory this period was three-quarters complete for conversion costs. How many units does Marigold have in ending inventory this
period?
Units in ending WIP inventory
Transcribed Image Text:Marigold Company had planned to complete its latest batch of pillar candles before year-end, but it simply ran out of time. During the period, 5,390 new candles were started in addition to the 790 that were already in process. At year-end, 5,060 candles were complete. Marigold adds all of its DM at the beginning of the process and uses the weighted-average method of process costing. Ending WIP Inventory this period was three-quarters complete for conversion costs. How many units does Marigold have in ending inventory this period? Units in ending WIP inventory
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