16) Ob-Wan Kenobi Manufacturing Corporation\'s beginning w consisted of 8,000 un

Question

16) Ob-Wan Kenobi Manufacturing Corporation's beginning w consisted of 8,000 units, 100% with respect to conversion costs. The total cost in the beginning inventory was During the month, 40,000 units were transferred out. The equivalent unit cost was computed to be $2.50 for materials and S3.00 for conversion costs under the weighted-average metho complete with respect to materials cost and 60% complete $36,000. Given this information, the total cost of the units completed and transferred out was: A) $256,000 B) $185,600 $220,000 D) $184,000 17) R2-D2 Corporation is a manufacturer that uses job-order costing and applies nufacturing overhead to iohs hased on direct labor hours. The co mpany has supplied the

Explanation / Answer

Calculate cost of units completed and transferred out :

Equivalent unit cost of material = 2.50 per unit

Equivalent unit cost of conversion = 3.00 per unit

Units transferred out = 40000

Cost of units completed and transferred out = (2.50+3)*40000 = 220000

so answer is c) $220,000

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