Department MJW had no work in process at the beginning of the period. 12,000 units of direct materials were added during the period at a cost of $84,000, 9,000 units were completed during the period, and 3,000 units were 30% completed as to labor and overhead at the end of the period. All materials are added at the beginning of the process. Direct labor was $49,500 and factory overhead was $9,900. The total production costs assigned to the units that were completed and transferred during the period were: O $127,450.00 $121.000.00 $117.000.00 $143.400.00

Department MJW had no work in process at the beginning of the period. 12,000 units of direct materials were added during the period at a cost of $84,000, 9,000 units were completed during the period, and 3,000 units were 30% completed as to labor and overhead at the end of the period. All materials are added at the beginning of the process. Direct labor was $49,500 and factory overhead was $9,900. The total production costs assigned to the units that were completed and transferred during the period were: O $127,450.00 $121.000.00 $117.000.00 $143.400.00

Name: Department MJW had no work in process at the beginning of the period.
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Description: Department MJW had no work in process at the beginning of the period. 12,000 units ofdirect materials were added during the period at a cost of $84,000, 9,000 units werecompleted during the period, and 3,000 units were 30% completed as to labor ando

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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