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?

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Expert Solution

Solution:

Total Value of Opening WIP is $48060.00

ekkarill92 answered 1 year ago

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