What were the materials cost of work in process


Lucas Company uses the weighted-average method in its process costing system. The company adds materials at the beginning of the process in the Forming Department, which is the first of two stages in its production process. Information concerning operations in the Forming Department in October follows:
Units material cost

  • work in process on October 1..................... 6000 3000
  • units started during October ......................50000 25560
  • units completed and transferred to
  • the next department during October.............44000

What were the materials cost of work in process at October 31?

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Accounting Basics: What were the materials cost of work in process
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