Question

The June 1 work in process inventory consisted of 4,000 units with $13,020 in materials cost and $11,980 in conversion cost. The June 1 work in process inventory was 100% complete with respect to materials and 60% complete with respect to conversion. During June, 36,500 units were started into production. The June 30 work in process inventory consisted of 9,600 units that were 100% complete with respect to materials and 50% complete with respect to conversion. Foundational 4-6 (Algo) 6. What is the cost of beginning work in process inventory plus the cost added during the period for materials

Answer 1

Answer: $‭170,100‬

Step-by-step explanation:

Materials cost in beginning WIP = $13,020

Materials cost during the month = $157,080

Cost of beginning work in process inventory plus the cost added during the period for materials

= 13,020 + 157,080

= $‭170,100‬