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capacitantes #4: El estudiante comparar el mtodo de cos SELET THE BEST ANSWERS (Shows computations and references are required) Answer the following questions using the
capacitantes #4: El estudiante comparar el mtodo de cos SELET THE BEST ANSWERS (Shows computations and references are required) Answer the following questions using the information below: to promedio ponderado y el mtodo FIFO The Rest-a-Lot chair company manufacturers a standard recliner. During February Assembly Department started production of 75,000 chairs. During 80,000 chairs, and transferred them to the Finishing Department. The firm ended the montlh the month, the firm completed to the Finishing Department. The firm ended the month with 0 chairs in ending inventory. There were 15,000 chairs in beginning inventory. All direct tion cycle and conversion costs added FIFO method of process costing used by materials costs added at the beginning of the produc uniformly throughout the production process. The Rest-a-Lo work in process was 80% complete as to conversion costs. Beginning inventory: t. Beginning work in process was 30% complete as to conversion costs, while ending Direct materials $24,000 $35,000 Conversion costs Manufacturing costs added during the accounting period Direct materials $168,000 Conversion costs $278,000 1. How many of the units that started during February completed during February? A) 85,000 B) 80,000 C) 75,000 D) 65,000
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