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Department S had no work in process at the beginning of the period. 11,783 units of direct materials were added during the period at a cost of $ 82,481. 8,837 units were completed during the period, and 2,946 units were 23% completed as to labor and overhead at the end of the period. All materials are added at the beginning of the process. Direct labor was $50,433 and factory overhead was $8,354. What was the total cost of units completed during the period? A. $24,809 B. $82,481 C. $116,459 D. $141,268

Department S had no work in process at the beginning of the period. 11,783 units of direct materials were added during the period at a cost of $ 82,481. 8,837 units were completed during the period, and 2,946 units were 23% completed as to labor and overhead at the end of the period. All materials are added at the beginning of the process. Direct labor was $50,433 and factory overhead was $8,354. What was the total cost of units completed during the period? A. $24,809 B. $82,481 C. $116,459 D. $141,268

FINANCIAL ACCOUNTING
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 S had no work in process at the beginning of the period. 11,783 units of direct materials were added during the period at a cost of $ 82,481. 8,837 units were completed during the period, and 2,946 units were 23% completed as to labor and overhead at the end of the period. All materials are added at the beginning of the process. Direct labor was $50,433 and factory overhead was $8,354. What was the total cost of units completed during the period? A. $24,809 B. $82,481 C. $116,459 D. $141,268
Transcribed Image Text:Department S had no work in process at the beginning of the period. 11,783 units of direct materials were added during the period at a cost of $ 82,481. 8,837 units were completed during the period, and 2,946 units were 23% completed as to labor and overhead at the end of the period. All materials are added at the beginning of the process. Direct labor was $50,433 and factory overhead was $8,354. What was the total cost of units completed during the period? A. $24,809 B. $82,481 C. $116,459 D. $141,268
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