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Department G had 3,600 units, 25% completed at the beginning of the period, 11,000 units were completed during the period, 3,000 units were 1/5 completed
Department G had 3,600 units, 25% completed at the beginning of the period, 11,000 units were completed during the period, 3,000 units were 1/5 completed at the end of the period, and the following manufacturing costs were debited to the departmental work in process account during the period: Work in process, beginning of period: $40,000 - Costs added during period: Direct Materials (10,400 at $8) 83,200: Direct Labor 63,000: Factory Overhead 25,000: Assuming that all direct materials are placed in process at the beginning of production and that the FIFO method of inventory costing is used, what is the total cost of the units "started and completed" during the period? what is the total cost of 3,600 units of beginning inventory which were completed during the period? I got $62,206 for the second part of it but either too tired to focus properly or just not understanding how to do the first at all which makes me second guess the second part! thank you in advance
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