The following production data were taken from the records of the Finishing Department for June: Inventory in process, June 1 (30% completed) 6,000 units Completed units during June 62,700 units Ending inventory (62% complete) 3,900 units The number of materials equivalent units of production in the June 30 Finishing Department inventory, assuming that the first-in, first-out method is used to cost inventories and materials were added at the beginning of the process, is O 56,700

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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The following production data were taken from the records of the Finishing Department for June:
Inventory in process, June 1 (30% completed)
6,000 units
Completed units during June
62,700 units
Ending inventory (62% complete)
3,900 units
The number of materials equivalent units of production in the June 30 Finishing Department inventory, assuming that the first-in, first-out method is used to cost
inventories and materials were added at the beginning of the process, is
O 3,900 units
Oh 60,600 units
O 56,700 units
Department G had 1,800 units 25% completed at the beginning of the period, 13,900 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:
$28,800
Work in process, beginning of period
Costs added during period:
Direct materials (13,600 units at $8)
108,800
Direct labor
77,400
25,800
Factory overhead
All direct materials are placed in process at the beginning of production and the first-in, first-out method of inventory costing is used. The total cost of the units started
and completed during the period (do not round unit cost calculations)
$205,779
$187,616
596,800
$169,453
Transcribed Image Text:The following production data were taken from the records of the Finishing Department for June: Inventory in process, June 1 (30% completed) 6,000 units Completed units during June 62,700 units Ending inventory (62% complete) 3,900 units The number of materials equivalent units of production in the June 30 Finishing Department inventory, assuming that the first-in, first-out method is used to cost inventories and materials were added at the beginning of the process, is O 3,900 units Oh 60,600 units O 56,700 units Department G had 1,800 units 25% completed at the beginning of the period, 13,900 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: $28,800 Work in process, beginning of period Costs added during period: Direct materials (13,600 units at $8) 108,800 Direct labor 77,400 25,800 Factory overhead All direct materials are placed in process at the beginning of production and the first-in, first-out method of inventory costing is used. The total cost of the units started and completed during the period (do not round unit cost calculations) $205,779 $187,616 596,800 $169,453
Department G had 1,800 units 25% completed at the beginning of the period, 13,500 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:
$34,300
Work in process, beginning of period
Costs added during period:
105,600
79,800
26,600
All direct materials are placed in process at the beginning of production and the first-in, first-out method of inventory costing is used. The total cost of 1,800 units of
beginning inventory which were completed during the period is (do not round unit cost calculations)
Direct materials (13,200 units at $8)
Direct labor
Factory overhead
O $42.908
$46,340
$45,060
Ⓒ$34,300
Transcribed Image Text:Department G had 1,800 units 25% completed at the beginning of the period, 13,500 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: $34,300 Work in process, beginning of period Costs added during period: 105,600 79,800 26,600 All direct materials are placed in process at the beginning of production and the first-in, first-out method of inventory costing is used. The total cost of 1,800 units of beginning inventory which were completed during the period is (do not round unit cost calculations) Direct materials (13,200 units at $8) Direct labor Factory overhead O $42.908 $46,340 $45,060 Ⓒ$34,300
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