Question: Following is a partial process cost summary for Mitchell Manufacturing's Canning Department. Equivalent Units of ProductionDirect MaterialsConversionUnits Completed and transferred out80,00080,000Units in Ending Work in

Following is a partial process cost summary for Mitchell Manufacturing's Canning Department.

Equivalent Units of ProductionDirect MaterialsConversionUnits Completed and transferred out80,00080,000Units in Ending Work in Process:Direct Materials (12,000 * 100%)12,000Conversion (12,000 * 70%)8,400Equivalent Units of Production92,00088,400Cost per Equivalent UnitCosts of beginning work in process$43,000$63,200Costs incurred this period144,000193,600Total costs$187,000$256,800Cost per equivalent unit$2.03per EUP$2.90per EUP

The total materials costs transferred out of the Canning Department equals: Multiple Choice

$162,400.
$179,452.
$187,000.
$186,760.
$232,000.

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