Cost Accounting Test 2- Name Sultan A Version A Part 1 Fill in the missing amoun

Question

Cost Accounting Test 2- Name Sultan A Version A Part 1 Fill in the missing amount (1 point each) 1. Fill in the missing amount: Work-in-process, June 1: 60,000 Work-in-process, June 30: Units started in June: 20,000 Units completed in June: 50,000 2. Fill in the missing amount: Work-in-process, June 1: 300,000 Work-in-process, June 30:200,000 Units started in June: 100,000 Units completed in June: 3. Fill in the missing amount: Work-in-process, June 1: 800,000 Work-in-process, June 30: 200,000 Units started in June: Units completed in June: 1.200,000

Explanation / Answer

Dear Student Thank you for using Chegg Please find below the answer Statementshowing Computations Paticulars Amount 1) Beginning WIP              60,000.00 Started in June              20,000.00 Less Completed            (50,000.00) Work in process June 30 = 60,000 + 20,000 - 50,000              30,000.00 2) Beginning WIP            300,000.00 Started in June            100,000.00 Less Ending WIP         (200,000.00) Units completed = 300,000 + 100,000 - 200,000            200,000.00 3) Ending WIP            200,000.00 Units completed        1,200,000.00 Less Beginning WIP         (800,000.00) Units started            600,000.00

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