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Answer the following questions based on the following information: Units 10,000 90,000 84,000 8,000 Materials $5,700 $20,400 Work in process invento Units started in process
Answer the following questions based on the following information: Units 10,000 90,000 84,000 8,000 Materials $5,700 $20,400 Work in process invento Units started in process Units transferred out Work in process inventory, endi Costs added during the month innin $52,800 $76,400 The beginning work in process inventory was 80% complete with respect to materials and 60% complete for Conversion. The ending work in process inventory was 75% complete with respect to materials and 50% complete with respect to conversion costs. 8) What is your cost of Goods Transferred? a. $157,500 b. $147,000 c. $14,000 d. $155,300
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