The cost of goods transferred out is a. ($ 20,000). b. ($ 24,000). c. ($ 28,800). d.

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The cost of goods transferred out is

a. \(\$ 20,000\).

b. \(\$ 24,000\).

c. \(\$ 28,800\).

d. \(\$ 18,000\).

e. None of the above.

The drilling department incurred \(\$ 24,000\) of manufacturing costs during the month of October. The department transferred out 2,000 units and had 400 equivalent units in EWIP. There was no BWIP.

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Fundamental Cornerstones Of Managerial Accounting

ISBN: 9780333623183

1st Edition

Authors: Dan L. Heitger, Maryanne M. Mowen, Don R. Hansen

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