Question: Can someone help me solve this? PART 4 Process Costing - First-In First-Out General Information The I See The Light Company has a related company

 Can someone help me solve this? PART 4 Process Costing -
First-In First-Out General Information The I See The Light Company has a
Can someone help me solve this?

PART 4 Process Costing - First-In First-Out General Information The I See The Light Company has a related company that produces the figurines. They use process costing in the molding department. The factory overhead is applied at a rate of 50% of direct labor dollars. The material is added at the beginning of the process. The labor and overhead costs are assumed to be added uniformly throughout. Month of January Selected information for January is presented below. Note that the applied overhead rate was 50% of direct labor costs in the molding department. Molding Department Goods in-process as of January 1 were 3,100 figurines at a cost of $53,320.00.) of this amount, $49,600.00 was from raw materials added, $2,480.00 for labor and $1,240.00 for overhead. These 3,100 figurines were assumed to be 40.00% complete as to labor and overhead. Cool During January, 25,000 units were started, $404,750.00 of materials and $44,120.00 of labor costs were incurred. The 8.000 figurines that were in process at the end of January were assumed to be 40.00% complete to labor and overhead. * 40.00% 3, 100 All figurines in January passed inspection. MOLDING (12.01) Total transferred out WordPress - Ending 12.05) LO 1200) TODOC 1207 A UNO 12.00) 12.00 cost of Material is period and be bore places, .. F (12.10) (1211) Conversion is period Round to seven places, .. vartotode pende Bovec Cost of the units transferred material and convesion Round to two places Cost of me ending Invertory material and conves Total Cost acco

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