The Addy Company uses a weighted-average process costing system. The following data are available: Beginning inventory Units started in production Units finished during the period Units in process at the end of the period (Complete as to materials, 1/4 complete as to labor and overhead) Cost of materials used Labor and overhead costs Total cost of the 24,000 units finished is: Multiple Choice $138,000. $117,000. $87,840. $131,760. -O- 36,000 24,000 12,000 $90,000 $ 87,750
The Addy Company uses a weighted-average process costing system. The following data are available: Beginning inventory Units started in production Units finished during the period Units in process at the end of the period (Complete as to materials, 1/4 complete as to labor and overhead) Cost of materials used Labor and overhead costs Total cost of the 24,000 units finished is: Multiple Choice $138,000. $117,000. $87,840. $131,760. -O- 36,000 24,000 12,000 $90,000 $ 87,750
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter3: Process Cost Systems
Section: Chapter Questions
Problem 3CMA: Kimbeth Manufacturing uses a process cost system to manufacture dust density sensors for the mining...
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Question
H6.
![The Addy Company uses a weighted-average process costing system. The following
data are available:
Beginning inventory
Units started in production
Units finished during the period
Units in process at the end of the period
(Complete as to materials, 1/4 complete as to labor and
overhead)
Cost of materials used
Labor and overhead costs
Total cost of the 24,000 units finished is:
Multiple Choice
$138,000.
$117,000.
$87,840.
$131,760.
-O-
36,000
24,000
12,000
$90,000
$ 87,750](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F51cac6e0-c770-431c-a450-f5b37e7f446c%2Fd4ebc449-a053-4e00-829c-3ba45b70fe67%2F4fv8qqq_processed.png&w=3840&q=75)
Transcribed Image Text:The Addy Company uses a weighted-average process costing system. The following
data are available:
Beginning inventory
Units started in production
Units finished during the period
Units in process at the end of the period
(Complete as to materials, 1/4 complete as to labor and
overhead)
Cost of materials used
Labor and overhead costs
Total cost of the 24,000 units finished is:
Multiple Choice
$138,000.
$117,000.
$87,840.
$131,760.
-O-
36,000
24,000
12,000
$90,000
$ 87,750
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