Department G had 1,920 units 25% completed at the beginning of the period, 12,100 units were completed during the period, 1,600 units were 20% completed at the end of the period, and the following manufacturing costs were debited to the departmental work in process account during the period: $30,700 Work in process, beginning of period Costs added during period: Direct materials (11,780 units at $9) 106,020 Direct labor 119,400 35,820 Factory overhead All direct materials are added at the beginning of the process, and the first-in, first-out cost flow method is used. Determine the total cost of the inventory in process at the end of the period. Round the unit cost computation to the nearest cent. Oa. $14,400 Ob. $17,600 Oc. $18,560 Od. $24,128

Department G had 1,920 units 25% completed at the beginning of the period, 12,100 units were completed during the period, 1,600 units were 20% completed at the end of the period, and the following manufacturing costs were debited to the departmental work in process account during the period: $30,700 Work in process, beginning of period Costs added during period: Direct materials (11,780 units at $9) 106,020 Direct labor 119,400 35,820 Factory overhead All direct materials are added at the beginning of the process, and the first-in, first-out cost flow method is used. Determine the total cost of the inventory in process at the end of the period. Round the unit cost computation to the nearest cent. Oa. $14,400 Ob. $17,600 Oc. $18,560 Od. $24,128

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Description: Use this information about Department G to answer the question that follows.Department G had 1,920 units 25% completed at the beginning of the period, 12,100 units were completed during the period, 1,600 units were 20% completed at the end of the pe

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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Department G had 2,040 units 25% completed at the beginning of the period, 12,000 units were completed during the period; 1,700 units were 20% completed at the end of the period, and the following manufacturing costs were debited to the departmental work in process account during the period: Line Item Description Amount Work in process, beginning of period $27,200 Costs added during period: Direct materials (11,660 units at $8) 93,280 Direct labor 90,000 Factory overhead 30,000 All direct materials are placed in process at the beginning of production and the first-in, first-out method of inventory costing is used. The total cost of the units started and completed during the period (do not round unit cost calculations) $160,505 $79,680 $180,711 $200,918
Department G had 1,800 units 25% completed at the beginning of the period, 12,200 units were completed during the period, 1,500 units were 20% completed at the end of the period, and the following manufacturing costs were debited to the departmental work in process account during the period: Line Item Description Amount Work in process, beginning of period $27,600 Costs added during period: Direct materials (11,900 units at $8) 95,200 Direct labor 82,800 Factory overhead 27,600 All direct materials are placed in process at the beginning of production and the first-in, first-out method of inventory costing is used. The total cost of 1,800 units of beginning inventory which were completed during the period is (do not round unit cost calculations) $39,968 $27,600 $41,468 $37,495
Department G had 2,160 units 25% completed at the beginning of the period, 13,200 units were completed during the period, 1,800 units were 20% completed at the end of the period, and the following manufacturing costs debited to the departmental work in process account during the period: $26,800 Work in process, beginning of period Costs added during period: Direct materials (12,840 units at $8) Direct labor Factory overhead 102,720 76,200 25,400 All direct materials are placed in process at the beginning of production and the first-in, first-out method of inventory costing is used. The total cost of the departmental work in process inventory at the end of the period (round unit cost calculations to four decimal places and round your final answer to the nearest dollar)? Ⓒ$17,209 Ob $22,372 O $16,507 Od $14,400
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Department G had 2,280 units 25% completed at the beginning of the period, 13,900 units were completed during the period, 1,900 units were 20% completed at the end of the period, and the following manufacturing costs debited to the departmental work in process account during the period: Work in process, beginning of period $28,000 Costs added during period: Direct materials (13,520 units at $9) 121,680 Direct labor 84,000 Factory overhead 28,000 All direct materials are placed in process at the beginning of production and the first-in, first-out method of inventory costing is used. What is the total cost of 2,280 units of beginning inventory which were completed during the period (round unit cost calculations to four decimal places and round your final answer to the nearest dollar)? a.$41,969 b.$28,000 c.$43,869 d.$39,175
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The charges to Work in Process—Assembly Department for a period, together with information concerning production, are as follows. All direct materials are placed in process at the beginning of production. Work in Process-Assembly Department Bal., 3,000 units, 50% completed 9,150 To Finished Goods, 69,000 units ? Direct materials, 71,000 units @ $2.1 149,100 Direct labor 100,100 Factory overhead 38,900 Bal. ? units, 40% completed ? Determine the following: a. The number of units in work in process inventory at the end of the period. units b. Equivalent units of production for direct materials and conversion. If an amount is zero or a blank, enter in "0". Work in Process-Assembly Department Equivalent Units of Production for Direct Materials and Conversion Costs Whole Units Equivalent UnitsDirect Materials Equivalent UnitsConversion Inventory in process, beginning Started and completed Transferred to…
Department G had 2,280 units 25% completed at the beginning of the period, 12,600 units were completed during the period, 1,900 units were 20% completed at the end of the period, and the following manufacturing costs debited to the departmental work in process account during the period: Work in process, beginning of period $32,500 Costs added during period: Direct materials (12,220 units at $8) 97,760 Direct labor 73,800 Factory overhead 24,600 All direct materials are placed in process at the beginning of production and the first-in, first-out method of inventory costing is used. The total cost of the departmental work in process inventory at the end of the period (round unit cost calculations to four decimal places and round your final answer to the nearest dollar)? a.$17,460 b.$23,677 c.$18,213 d.$15,20