Computing costs and units}

Assuming that all materials are added at the beginning of the process and the labor and factory overhead are applied evenly during the process, compute the figures to be inserted in the blank spaces of the following data, using the average cost method.

Case 1 Case 2 Case 3 Units in process, beginning of period. 300 None Materials cost in process, beginning of period $915 None $568 Labor cost in process, beginning of period $351 None $200 Overhead cost in process, beginning of period. $300 None $188 Units started in process... 19,200 Units transferred 1,300 8,000 Units in process, end of period 200 1,400 Stage of completion... 1/4 1/5