contestada

On January 1, 20x6, Windows Incorporated has $14,218 in partially completed windows in their inventory. During the month of January, they incur another $5,247 to finish the windows, $37,922 to complete another 120 windows, and $9,732 to start 50 more windows. What is the total cost of work in process for the month of January?

Respuesta :

Answer:

Explanation:

Work in process is a term used to describe partially completed goods , that are turned from raw materials to finished goods within a shot space of time. Therefore , to calculate the work in process , every cost incurred in the month of January will be relevant

Workings

Opening inventory of partially completed window = 14,218

Cost to finish                                                                   5,247

Cost to complete another 120 windows in January    37,922

Cost to start another 50 windows in January               9,732

Cost of work in process                                                  67,119

Otras preguntas