Department G had 3,600 units, 25% completed at the beginning of the period, 15,000 units were completed during the period, 3,000 units were one-fifth 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 $40,000 Costs added during period: Direct materials (10,400 at
$8 ) 83,200 Direct labor 63,000 Factory overhead 25,000 Assuming that all direct materials are placed in process at the beginning of production and that the first-in, first-out method of inventory costing is used, what is the total cost of the units "started and completed" during the period (round unit cost calculations to four decimal places)?
A) $211,200
B) $134,112
C) $190,275
D) $20,934
B
You might also like to view...
A(n) _____ can be a spreadsheet showing all the costs to be incurred by the system and all the benefits that are expected from its operation.
Fill in the blank(s) with the appropriate word(s).
In order to estimate the average time spent per student on the computer terminals at a local university, data were collected for a sample of 64 business students over a one-week period. Assume the population standard deviation is 1.6 hours. If the sample mean is 9 hours, then the 95% confidence interval is _____ hours.
A. 7.04 to 10.96 B. 7.36 to 10.64 C. 7.80 to 10.20 D. 8.608 to 9.392
The first step in the control cycle is:
A) Setting a goal. B) Measuring progress. C) Comparing actual with planned performance. D) Taking action.
Explain product-oriented vision statements with the help of an example.
What will be an ideal response?