Question: A company that operates a process costing system have work-in-progress at the start of last month of 300 units (valued at $1,710) that were 60%

A company that operates a process costing system have work-in-progress at the start of last month of 300 units (valued at $1,710) that were 60% complete in respect of all costs.

Last month a total of 2,000 units were completed and transferred to the finished goods warehouse. The cost per equivalent unit for costs arising last month was $10. The company uses the FIFO method of cost collection.

What was the total value of 2,000 units transferred to the finished goods warehouse last month?

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