In the Shaping Department of Jenkins Company the unit materials cost is $3.00 and the unit conversion cost is $1.80. The department transferred out 8,000 units and had 2,000 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?

$6,720

Explanation:

Calculation to determine what the total cost to be assigned to the ending work in process is

First step

Materials cost=2000 units * 100%

Materials cost=2,000

Conversion costs=2000 units *20%

Conversion costs= 400

Now let determine the ending work in process

Ending work in process=(2000 units *$3.00 per unit)+(400 units *$1.80 per unit)

Ending work in process= $6,000+$720

Ending work in process=$6,720

Therefore the total cost to be assigned to the ending work in process is $6,720

answer; /// the above statement is (true); good luck

the u.s. census bureau produces data on the population and economy nationwide. it can you to analyze the kind of people living in your neighborhood. it does not show you the market of people willing to buy your product or an existing market for your product. that will require more market research. the census bureau only gives you an insight to the demographics in your area.