COST ACCOUNTING
PROCESS COSTING
Question
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In the Shaping Department of Rollins Company the unit materials cost is $5.00 and the unit conversion cost is $3.00. The department transferred out 40, 000 units and had 5, 000 units in ending work in process 20% complete. If all materials are added at the beginning of the process, the total cost to be assigned to the ending work in process is
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$8, 000.
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$25, 000.
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$28, 000.
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$40, 000.
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Explanation:
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