quiz chapter 18 Question 21 Not yet answered Pcints Department G his the period;

Question

quiz chapter 18 Question 21 Not yet answered Pcints Department G his the period; 3,000 units were 20% comp to the departmental work in process account during the period: 3,600 units 25% completed at the beginning of the period, I i 000 units were completed during leted at the end of the pen d, and the following manufac un g cos ehhed out of 1.00 Flag questson Work in process, beginning of period $40,000 Costs added during peri Direct materials (10,400 units at $8) 83,200 Direct labor 63,000 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. What is the total cost of the units started and completed during the period (round unit cost calculations to four decimal places)? Select one: a, $21 1,200 O b. S120,060 c. $190,275 O d. $20,934 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 turing costs Not yet answered Points out of 1.0o debited to the departmental work in process account during the period

Explanation / Answer

Direct materials Conversion Beginning work in process 0 2700 Units started and completed 7400 7400 Ending work in process 3000 600 Equivalent units 10400 10700 Direct materials Conversion Currect costs 83200 88000 Equivalent units 10400 10700 Cost per Equivalent unit 8 8.2243 Cost of units started and completed=7400*(8+8.2243)= $120060 Option B is correct

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