Question Content Area Use this information about Department G to answer the question that follows. Department G had 1,800 units 25% completed at the beginning of the period, 12,800 units were completed during the period, 1,500 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 $30,800 Costs added during period: Direct materials (12,500 units at $9) 112,500 Direct labor 88,550 Factory overhead 50,600 All direct materials are added at the beginning of the process, and the first-in, first-out cost flow method is used. Determine the total cost of the 1,800 units of beginning inventory that were completed during the period. Round the unit cost computation to the nearest cent. a. $45,650 b. $30,800 c. $42,680 d. $47,150
Question Content Area Use this information about Department G to answer the question that follows. Department G had 1,800 units 25% completed at the beginning of the period, 12,800 units were completed during the period, 1,500 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 $30,800 Costs added during period: Direct materials (12,500 units at $9) 112,500 Direct labor 88,550 Factory overhead 50,600 All direct materials are added at the beginning of the process, and the first-in, first-out cost flow method is used. Determine the total cost of the 1,800 units of beginning inventory that were completed during the period. Round the unit cost computation to the nearest cent. a. $45,650 b. $30,800 c. $42,680 d. $47,150
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Use this information about Department G to answer the question that follows.
Department G had 1,800 units 25% completed at the beginning of the period, 12,800 units were completed during the period, 1,500 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 $30,800 Costs added during period: Direct materials (12,500 units at $9) 112,500 Direct labor 88,550 Factory overhead 50,600 All direct materials are added at the beginning of the process, and the first-in, first-out cost flow method is used.
Determine the total cost of the 1,800 units of beginning inventory that were completed during the period. Round the unit cost computation to the nearest cent.
a. $45,650b. $30,800c. $42,680d. $47,150
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