Can someone help me? Find Cost of units transferred to the next department durin

Question

Can someone help me? Find Cost of units transferred to the next department during November.

Costs per Equivalent Unit and Production Costs

Based on the above data, determine each of the following amounts.

If required, round your interim calculations to two decimal places. Round final answers (a-c) to the nearest dollar.

a. Cost of beginning work in process inventory completed in November.
$ 23,064

b. Cost of units transferred to the next department during November.
$

------ Can someone help me? I worked out the answer $147,248, which is INCORRECT. What is the right answer? (Have been stuck on this for a very long time..)

Explanation / Answer

Workings:

Work in Progress Balance Date Item Debit Credit Debit credit 1-Nov Bal 1200 units, 60% complete 20856 30 Direct materials 8300 units 124500 145356 30 Direct Labor 18950 164306 30 Factory Overhead 20196 184502 30 Goods transferred 8,600 units    168,104.00    16,398.00 30 Balance 900 units 70% complete    16,398.00

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