epartment GX had 3,600 units, 25% completed at the beginning of the period, 11,000 units we mpleted during the period, 3,000 units were one-fifth completed at the end of the period, and lo wing manufacturing costs were debited to the departmental work in process account during eriod: ork in process, beginning of period osts added during period: Direct materials (10,400 at P8) Direct labor actory overhead P40,000 83,200 63,000 25,000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Assuming that all direct materials are placed in process at the beginning of production and that the first-in, first-out method of inventory costing is used, what is the total cost of the departmental work in process inventory at the end of the period (round unit cost calculations to four decimal places)?
 
P16,163
P28,935
P35,670
P21,432
Department GX had 3,600 units, 25% completed at the begin ning of the period, 11,000 units were
com pleted during the period, 3,000 units were one-fifth com pleted at the end of the period, and the
following manufacđuring costs were debited to the departmental work in process account during the
period:
Work in process, beginning of period
Costs added during period:
Direct materials (10,400 at P8)
Direct labor
P40,000
83,200
63,000
25,000
Factory overhead
Transcribed Image Text:Department GX had 3,600 units, 25% completed at the begin ning of the period, 11,000 units were com pleted during the period, 3,000 units were one-fifth com pleted at the end of the period, and the following manufacđuring costs were debited to the departmental work in process account during the period: Work in process, beginning of period Costs added during period: Direct materials (10,400 at P8) Direct labor P40,000 83,200 63,000 25,000 Factory overhead
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