If materials are only added at the beginning of the production process,then the degree of completion for materials in the ending Work-in-Process Inventory will be the same as the degree of completion for the conversion costs.

Question

Quizplus · Accepted Answer

Materials added at the beginning of the process will be 100% complete, while conversion costs may not be fully complete, leading to different degrees of completion.

If Materials Are Only Added at the Beginning of the Production