Question 4 Answer saved Marked out of 1.11 P Flag question Process Costing Tempe Manufacturing Company makes a single pr

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Question 4 Answer Saved Marked Out Of 1 11 P Flag Question Process Costing Tempe Manufacturing Company Makes A Single Pr 1 (66.08 KiB) Viewed 49 times

Question 4 Answer saved Marked out of 1.11 P Flag question Process Costing Tempe Manufacturing Company makes a single product that is produced on a continuous basis in one department. All materials are added at the beginning of production. The total cost per equivalent unit in process in March was $5.80, consisting of $4.20 for materials and $1.60 for conversion. During the month, 9,000 units of product were transferred to finished goods inventory; on March 31, 3,500 units were in process, 10 percent converted. The company uses weighted average costing. (a) Determine the cost of goods transferred to finished goods inventory. $ 52,200 (b) Determine the cost of the ending work-in-process inventory. $ (12,810) (c) What was the total cost of the beginning work-in-process inventory plus the current manufacturing costs? $ 0