Use this information about Department G to answer the question that follows. Department G had 2,400 units 25% completed at the beginning of the period, 12,100 units were completed during the period, 2,000 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 Costs added during period: $28,300 Direct materials (11,700 units at $9) Direct labor Factory overhead 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 units started and completed during the period. Round the unit cost computation to the nearest cent. Oa. $201,548 Ob. $182,554 Oc. $163,465 Od. $87,300 105,300 87,600 29,200

Use this information about Department G to answer the question that follows. Department G had 2,400 units 25% completed at the beginning of the period, 12,100 units were completed during the period, 2,000 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 Costs added during period: $28,300 Direct materials (11,700 units at $9) Direct labor Factory overhead 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 units started and completed during the period. Round the unit cost computation to the nearest cent. Oa. $201,548 Ob. $182,554 Oc. $163,465 Od. $87,300 105,300 87,600 29,200

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Description: Use this information about Department G to answer the question that follows.Department G had 2,400 units 25% completed at the beginning of the period, 12,100 units were completed during the period, 2,000 unitswere 20% completed at the end of the per

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Department G had 3,600 units, 40% completed at the beginning of the period, 12,000 units were completed during the period, 2,000 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: Line Item Description Amount Work in process, beginning of period $ 60,000 Costs added during period: Direct materials (10,400 at $9.8365) 102,300 Direct labor 79,800 Factory overhead 25,200 Assuming that all direct materials are placed in process at the beginning of production and that the first-in, first-out method of inventory costing is used, the materials and conversion cost per unit (rounded to the nearest cent), respectively, are
Department G had 1,920 units 25% completed at the beginning of the period, 13,300 units were completed during the period; 1,600 units were 20% completed at the end of the period, and the following manufacturing costs debited to the departmental work in process account during the period: Work in process, beginning of period $26,700 Costs added during period: Direct materials (12,980 units at $8) 103,840 Direct labor 86,400 Factory overhead 28,800 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 is (do not round unit cost calculations) $91,040 $170,856 $210,764 $190,810
Units of production data for the two departments of Pacific Cable and Wire Company for November of the current fiscal year are as follows: Drawing Department Winding Department 5,700 units, 35% completed 1,700 units, 90% completed Work in process, November 1 Completed and transferred to next processing department during November Work in process, November 30 4,300 units, 60% completed 2,300 units, 20% completed a. If all direct materials are placed in process at the beginning of production, determine the direct materials and conversion equivalent units of production for November for the Drawing Department. If an amount is zero, enter in "0". Drawing Department Direct Materials and Conversion Equivalent Units of Production For November Inventory in process, November 1 Started and completed in November Transferred to Winding Department in November Inventory in process, November 30 Total 78,100 units Inventory in process, November 1 Started and completed in November Transferred to finished…
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