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E16-9 - Podsednik Company has gathered the following information. Units in beginning work in process...

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Accounting

E16-9 - Podsednik Company has gathered the following information. Units in beginning work in process -0- Units started into production 36,000 Units in ending work in process 6,000 Percent complete in ending work in process: Conversion costs 40% Materials 100% Costs incurred: Direct materials $72,000 Direct labor $81,000 Overhead $97,200

Show the assignment of costs to units transferred out and in process 1. units transferred out - $225000 (correct) 2. units in ending work in process - ???

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