Department S had no work in process at the beginning of the period. It added 11,200 units of direct materials during the period at a cost of $78,400; 8,400 units were completed during the period; and 2,800 units were 36% 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 $50,900 and factory overhead was $8,000. The total cost of units completed during the period was a. $111,389 b. $133,667 c. $104,246 d. $58,800
Equivalent units | |||||||
units | % | Materials | % | CC | |||
Completed & Transferred | 8,400 | 100% | 8,400 | 100% | 8,400 | ||
Ending work in process | 2,800 | 100% | 2,800 | 36% | 1008 | ||
Equivalent units | 11,200 | 11,200 | 9,408 | ||||
Cost per unit | |||||||
Materials | CC | total | |||||
cost | 78,400 | 58900 | |||||
equivalent units | 11,200 | 9,408 | |||||
cost per unit | 7 | 6.260629 | 13.26063 | ||||
thus the total cost of units transferred will be | |||||||
8,400*13.26063 | |||||||
111389.3 | answer | ||||||
option a) | 111,389 | answer |
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