02 480 SU22- Intro to Managerial Carmelita Inc., has the following information available: Costs from Costs from Cengage NOWv2 | Online teaching and learning resource from Cengage Learning Direct materials Conversion costs Beginning Inventory Current Period $5,900 5,200 $27,300 151,200 At the beginning of the period, there were 500 units in process that were 45% complete as to conversion costs and 100% complete as to direct materials costs. During the period, 5,400 units were started and completed. Ending inventory contained 400 units that were 27% complete as to conversion costs and 100% complete as to materials costs. Assume that the company uses the FIFO process cost method. Round cost per unit figures to two cents, ie, $2.22, when calculating total costs. The total costs that will be transferred into Finished Goods for units started and completed were a. $166,590 b. $121,611 c. $178,930 d. $227,241 Previous Next >