# In October 2013, Manchaca Company had the following production and

In October 2013, Manchaca Company had the following production and cost data:
Beginning inventory units (80% complete as to DM; 45% complete as to
DL; 30% complete as to OH) ............... 42,600
October completed production ................ 1,570,000
Units in ending inventory (35% complete as to DM; 15% complete as to
DL; 25% complete as to OH) ............... 28,400
Beginning inventory cost ................... \$ 458,482
October direct material cost per EUP .............. \$10.74
October direct labor cost per EUP ............... \$13.88
October overhead cost per EUP ................ \$24.80
a. What is the cost of the beginning inventory transferred out in October?
b. What is the total cost transferred out in October?
c. What is the cost of ending inventory at the end of October?
d. What is the total cost to account for during October?

Ending Inventory
The ending inventory is the amount of inventory that a business is required to present on its balance sheet. It can be calculated using the ending inventory formula                Ending Inventory Formula =...

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