FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Department G had 2,280 units 25% completed at the beginning of the period, 12,600 units were completed during the period, 1,900 units were 20% completed at the end of the period, and the following
Work in process, beginning of period | $32,500 |
Costs added during period: | |
Direct materials (12,220 units at $8) | 97,760 |
Direct labor | 73,800 |
Factory |
24,600 |
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 departmental work in process inventory at the end of the period (round unit cost calculations to four decimal places and round your final answer to the nearest dollar)?
a.$17,460
b.$23,677
c.$18,213
d.$15,200
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