Question

In: Accounting

Department G had 2,040 units 25% completed at the beginning of the period, 12,700 units were...

Department G had 2,040 units 25% completed at the beginning of the period, 12,700 units were completed during the period, 1,700 units were 20% 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 $30,900
Costs added during period:
   Direct materials (12,360 units at $9) 111,240
   Direct labor 100,240
   Factory overhead 37,590

All direct materials are placed in process at the beginning of production, and the first-in, first-out method of inventory costing is used. What is the total cost of 2,040 units of beginning inventory that were completed during the period?

Solutions

Expert Solution

Solution:

Total Value of Opening WIP is $48060.00


Related Solutions

Department G had 2,400 units 25% completed at the beginning of the period, 12,700 units were...
Department G had 2,400 units 25% completed at the beginning of the period, 12,700 units were completed during the period, 2,000 units were 20% 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 $28,200 Costs added during period: Direct materials (12,300 units at $9) 110,700 Direct labor 125,000 Factory overhead 50,000 All direct materials are placed in process at...
Department G had 1,800 units 25% completed at the beginning of the period, 12,700 units were...
Department G had 1,800 units 25% completed at the beginning of the period, 12,700 units were completed during the period; 1,500 units were 20% completed at the end of the period, and the following manufacturing costs debited to the departmental work in process account during the period: Work in process, beginning of period $34,900 Costs added during period:    Direct materials (12,400 units at $9) 111,600    Direct labor 85,800    Factory overhead 28,600 All direct materials are placed in process at the...
Department G had 2,040 units 25% completed at the beginning of the period, 13,800 units were...
Department G had 2,040 units 25% completed at the beginning of the period, 13,800 units were completed during the period, 1,700 units were 20% completed at the end of the period, and the following manufacturing costs debited to the departmental work in process account during the period: Work in process, beginning of period$32,900 Costs added during period:   Direct materials (13,460 units at $8)107,680   Direct labor78,600   Factory overhead26,200 All direct materials are placed in process at the beginning of production and...
Department G had 2,040 units 25% completed at the beginning of the period, 12,100 units were...
Department G had 2,040 units 25% completed at the beginning of the period, 12,100 units were completed during the period, 1,700 units were 20% 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 $29,300 Costs added during period:    Direct materials (11,760 units at $9) 105,840    Direct labor 72,000    Factory overhead 24,000 All direct materials are placed in process at...
Department G had 2,040 units 25% completed at the beginning of the period, 12,500 units were...
Department G had 2,040 units 25% completed at the beginning of the period, 12,500 units were completed during the period, 1,700 units were 20% completed at the end of the period, and the following manufacturing costs debited to the departmental work in process account during the period: Work in process, beginning of period $30,300 Costs added during period:   Direct materials (12,160 units at $8) 97,280   Direct labor 78,600   Factory overhead 26,200 All direct materials are placed in process at the...
Department G had 2,040 units 25% completed at the beginning of the period, 12,300 units were...
Department G had 2,040 units 25% completed at the beginning of the period, 12,300 units were completed during the period; 1,700 units were 20% completed at the end of the period, and the following manufacturing costs debited to the departmental work in process account during the period: Work in process, beginning of period $33,300 Costs added during period:   Direct materials (11,960 units at $8) 95,680   Direct labor 85,800   Factory overhead 28,600 All direct materials are placed in process at the...
Department G had 2,040 units 25% completed at the beginning of the period, 12,500 units were...
Department G had 2,040 units 25% completed at the beginning of the period, 12,500 units were completed during the period, 1,700 units were 20% completed at the end of the period, and the following manufacturing costs debited to the departmental work in process account during the period: Work in process, beginning of period $34,900 Costs added during period: Direct materials (12,160 units at $9) 109,440 Direct labor 72,000 Factory overhead 24,000 All direct materials are placed in process at the...
Department G had 2,040 units 25% completed at the beginning of the period, 12,800 units were...
Department G had 2,040 units 25% completed at the beginning of the period, 12,800 units were completed during the period, 1,700 units were 20% completed at the end of the period, and the following manufacturing costs debited to the departmental work in process account during the period: Work in process, beginning of period $30,000 Costs added during period: Direct materials (12,460 units at $9) 112,140 Direct labor 76,800 Factory overhead 25,600 All direct materials are placed in process at the...
Department G had 1,800 units 25% completed at the beginning of the period, 13,200 units were...
Department G had 1,800 units 25% completed at the beginning of the period, 13,200 units were completed during the period, 1,500 units were 20% completed at the end of the period, and the following manufacturing costs debited to the departmental work in process account during the period: Work in process, beginning of period $31,500--- Costs added during period: Direct materials (12,900 units at $9) 116,100 --- Direct labor 75,600 --- Factory overhead 25,200. All direct materials are placed in process...
Department G had 2,280 units 25% completed at the beginning of the period, 13,900 units were...
Department G had 2,280 units 25% completed at the beginning of the period, 13,900 units were completed during the period, 1,900 units were 20% 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 $30,900 Costs added during period:    Direct materials (13,520 units at $9) 121,680    Direct labor 137,100    Factory overhead 54,840 All direct materials are placed in process at...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT