Department G had 2,160 units 25% completed at the beginning of the period, 13,600 units were completed during the period; 1,800 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 $32,100 Costs added during period: Direct materials (13,240 units at $8) 105,920 Direct labor 74,400 Factory overhead 24,800 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) $91,520 $159,171 $192,997 $176,084
Department G had 2,160 units 25% completed at the beginning of the period, 13,600 units were completed during the period; 1,800 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 $32,100 Costs added during period: Direct materials (13,240 units at $8) 105,920 Direct labor 74,400 Factory overhead 24,800 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) $91,520 $159,171 $192,997 $176,084
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Department G had 2,160 units 25% completed at the beginning of the period, 13,600 units were completed during the period; 1,800 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 | $32,100 |
| Costs added during period: | |
| Direct materials (13,240 units at $8) | 105,920 |
| Direct labor | 74,400 |
| Factory |
24,800 |
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)
$91,520
$159,171
$192,997
$176,084
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