Department G had 2,040 units 25% completed at the beginning of the period, 12,500 units were completed during the period; 1,700 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: $26,800 Direct materials (12,160 units at $8) 97,280 Direct labor Factory overhead 72,600 24,200 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 (do not round unit cost calculations) $149,375 $182,223 $165,799 $83,680
Department G had 2,040 units 25% completed at the beginning of the period, 12,500 units were completed during the period; 1,700 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: $26,800 Direct materials (12,160 units at $8) 97,280 Direct labor Factory overhead 72,600 24,200 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 (do not round unit cost calculations) $149,375 $182,223 $165,799 $83,680
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter3: Process Cost Systems
Section: Chapter Questions
Problem 5E: The Converting Department of Worley Company had 2,400 units in work in process at the beginning of...
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