The budgeted conversion costs for a just-in-time cell are $224,200 for 3,800 production hours. Each unit produced by the cell requires 45 minu process time. During the month, 2, 300 units are manufactured in the cell. The estimated materials cost is $50 per unit. What is the journal ent units are completed and placed into finished goods? a. Raw and In Process Inventory Finished Goods Inventory 207,350 b. Finished Goods Inventory Raw and In Process Inventory 239,800 c. Raw and In Process Inventory Finished Goods Inventory 239,800 239, 800 d. Finished Goods Inventory 207,350 Raw and In Process Inventory 207,350
The budgeted conversion costs for a just-in-time cell are $224,200 for 3,800 production hours. Each unit produced by the cell requires 45 minu process time. During the month, 2, 300 units are manufactured in the cell. The estimated materials cost is $50 per unit. What is the journal ent units are completed and placed into finished goods? a. Raw and In Process Inventory Finished Goods Inventory 207,350 b. Finished Goods Inventory Raw and In Process Inventory 239,800 c. Raw and In Process Inventory Finished Goods Inventory 239,800 239, 800 d. Finished Goods Inventory 207,350 Raw and In Process Inventory 207,350
Chapter5: Process Costing
Section: Chapter Questions
Problem 10PA: Production information shows these costs and units for the smoothing department in August. All...
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