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what is the total cost of the departmental Work-in-Process Inventory

what is the total cost of the departmental Work-in-Process Inventory

FINANCIAL ACCOUNTING
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 A had no Work-in-Process at the beginning of the period, 3,400 units were completed during the period, 440 units were 50% completed at the end of the period, and the following manufacturing costs were debited to the departmental Work-in-Process account during the period: Direct materials (3,840 at $10) 1:27 Direct labor Factory overhead $ 38,400 22,928 18,340 Assuming that all direct materials are added at the beginning of production and Department A uses weighted-average process costing, what is the total cost of the departmental Work-in-Process Inventory at the end of the period? Multiple Choice О $8,690 $6,908
Transcribed Image Text:Department A had no Work-in-Process at the beginning of the period, 3,400 units were completed during the period, 440 units were 50% completed at the end of the period, and the following manufacturing costs were debited to the departmental Work-in-Process account during the period: Direct materials (3,840 at $10) 1:27 Direct labor Factory overhead $ 38,400 22,928 18,340 Assuming that all direct materials are added at the beginning of production and Department A uses weighted-average process costing, what is the total cost of the departmental Work-in-Process Inventory at the end of the period? Multiple Choice О $8,690 $6,908
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