Department A had 4,400 units in Work in Process that were 80% completed at the beginning of the period at a cost of $6,500. During the period, 34,100 units of direct materials were added at a cost of $78,430 and 36,000 units were completed. At the end of the period, 2,500 units were 23% completed. All materials are added at the beginning of the process. Direct labor was $25,100, and factory overhead was $6,000. The cost of the 2,500 units in process at the end of the period if the first-in, first-out cost flow method is used was Round the unit cost computation to the nearest cent. O $6,021 Ob 56,291 O $5,750 Od 56,832

Department A had 4,400 units in Work in Process that were 80% completed at the beginning of the period at a cost of $6,500. During the period, 34,100 units of direct materials were added at a cost of $78,430 and 36,000 units were completed. At the end of the period, 2,500 units were 23% completed. All materials are added at the beginning of the process. Direct labor was $25,100, and factory overhead was $6,000. The cost of the 2,500 units in process at the end of the period if the first-in, first-out cost flow method is used was Round the unit cost computation to the nearest cent. O $6,021 Ob 56,291 O $5,750 Od 56,832

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Description: Department A had 4,400 units in Work in Process that were 80% completed at the beginning of the period at a cost of $6,500. During the period,34,100 units of direct materials were added at a cost of $78,430 and 36,000 units were completed. At the en

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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