manufacturers homeopathic medicine to aid in fighting minor ailments like the common cold. At the end of the period, they had calculated a per equivalent unit cost of $7.28. The ending work in process units had the following characteristics: 21,900 physical units 40% complete What is the balance of the work in process ending inventory? Round to the nearest whole dollar.

Principles of Accounting Volume 2
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Chapter5: Process Costing
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Holt Homeopathic Remedies manufacturers homeopathic medicine to aid in fighting minor ailments like the common cold. At the end of the period, they had calculated a per equivalent unit cost of $7.28. The ending work in process units had the following characteristics:

  • 21,900 physical units
  • 40% complete

What is the balance of the work in process ending inventory? Round to the nearest whole dollar. 

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