Principles of Accounting Volume 2
Principles of Accounting Volume 2
19th Edition
ISBN: 9781947172609
Author: OpenStax
Publisher: OpenStax College
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Trek Company has the following production data for April: units
transferred out 41,300 and ending work in process 5,590 units that are
100% complete for materials and 40% complete for conversion costs.
If unit materials cost is $4 and unit conversion cost is $9.
Determine the costs to be assigned to the units transferred out and the
units in the ending work in process.
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Transcribed Image Text:Trek Company has the following production data for April: units transferred out 41,300 and ending work in process 5,590 units that are 100% complete for materials and 40% complete for conversion costs. If unit materials cost is $4 and unit conversion cost is $9. Determine the costs to be assigned to the units transferred out and the units in the ending work in process.
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