Department G had 2,400 units 25% completed at the beginning of the period, 13,900 units were completed during the period, 2,000 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: Work in process, beginning of period $34,200 Costs added during period: Direct materials (13,500 units at $8) 108,000 Direct labor Factory overhead 79,800 26,600 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. $24,839 b. $18,330 c. $19,107 d. $16,000

Department G had 2,400 units 25% completed at the beginning of the period, 13,900 units were completed during the period, 2,000 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: Work in process, beginning of period $34,200 Costs added during period: Direct materials (13,500 units at $8) 108,000 Direct labor Factory overhead 79,800 26,600 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. $24,839 b. $18,330 c. $19,107 d. $16,000

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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