Production Report
Jessica’s Car Supplies has three departments. Its first department (the Processing Department) shows the following data for the month of July:
Work in process, beginning: |
|
Units in process |
10,000 |
Stage of completion with respect to materials |
80% |
Stage of completion with respect to conversion |
35% |
Costs in the beginning inventory: |
|
Materials cost |
$138,100 |
Labour cost |
$31,000 |
Overhead cost |
$19,000
|
|
|
Units started into production during the month |
99,000 |
Units completed and transferred out |
100,500
|
Costs added to production during the month: |
|
Materials cost |
$988,000 |
Labour cost |
$320,000 |
Overhead cost |
$155,000
|
Work in process, ending: |
|
Units in process |
??? |
Stage of completion with respect to materials |
90% |
Stage of completion with respect to conversion |
60% |
question 2
Using the provided information answer the following question
What is the ending WIP?
