Question: Department A had 4,100 units in Work in Process that were 73% completed at the beginning of the period at a cost of $6,200. During
Department A had 4,100 units in Work in Process that were 73% completed at the beginning of the period at a cost of $6,200. During the period, 38,000 units of direct materials were added at a cost of $83,600, and 39,700 units were completed. At the end of the period, 2,400 units were 40% completed. All materials are added at the beginning of the process. Direct labor was $25,900 and factory overhead was $5,500. The cost of the 2,400 units in process at the end of the period if the first-in, first-out method is used to cost inventories was
a.$5,680
b.$5,280
c.$6,080
d.$6,880
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
