Nutsy's Organic Peanut Butter Inc. has beginning inventory in their peanut crushing department of 30,000 units, which includes $3,000 of direct materials and $4,000 of conversion. During the period, Nutsy started 180,000 units and completed 200,000 units.  Ending inventory was 60% complete with respect to direct materials and 20% complete with respect to conversion. Nutsy's costs for the period are as follows: Beginning Inventory:  $7,000 Direct Materials Added:  $491,400 Conversion Costs Added:  $804,000 What are Nutsy's total costs for the period? Group of answer choices

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Nutsy's Organic Peanut Butter Inc. has beginning inventory in their peanut crushing department of 30,000 units, which includes $3,000 of direct materials and $4,000 of conversion.

During the period, Nutsy started 180,000 units and completed 200,000 units.  Ending inventory was 60% complete with respect to direct materials and 20% complete with respect to conversion.

Nutsy's costs for the period are as follows:

Beginning Inventory:  $7,000

Direct Materials Added:  $491,400

Conversion Costs Added:  $804,000

What are Nutsy's total costs for the period?

Group of answer choices
491,400
1,295,400
804,000
1,302,400 
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