Hannibal Co. processes its product in three consecutive departments, A, B, and C. The following data are given on the third department's production for June of the current. Quantity data: In process, June 1 (4/5 complete) Transferred in 5,000 units 22,000 units 8,000 units In process, June 30 (3/4 complete) Cost data: In process, June 1 Transferred in Cost added in June Materials 30,610 110,000 15,750 8,400 6,300 Labor Overhead 31. What is the unit cost of the units completed and transferred? P 6.45 P 1.45 a. b. O P 6.44 / cheled d. P 6.50

Hannibal Co. processes its product in three consecutive departments, A, B, and C. The following data are given on the third department's production for June of the current. Quantity data: In process, June 1 (4/5 complete) Transferred in 5,000 units 22,000 units 8,000 units In process, June 30 (3/4 complete) Cost data: In process, June 1 Transferred in Cost added in June Materials 30,610 110,000 15,750 8,400 6,300 Labor Overhead 31. What is the unit cost of the units completed and transferred? P 6.45 P 1.45 a. b. O P 6.44 / cheled d. P 6.50

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 5PB: Ardt-Barger has a beginning work in process inventory of 5.500 units and transferred in 25,000 units...

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Question

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Hannibal Co. processes its product in three consecutive departments, A, B, and C.
The following data are given on the third department's production for June of the
current.
Quantity data:
In process, June 1 (4/5 complete)
Transferred in
5,000 units
22,000 units
8,000 units
In process, June 30 (3/4 complete)
Cost data:
In process, June 1
Transferred in
30,610
110,000
Cost added in June
Materials
15,750
8,400
6,300
Labor
Overhead
31. What is the unit cost of the units completed and transferred?
а.
Р6.45
P 1.45
P 6.44 / cheuled
P 6.50
b.
C.
d.

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