Question
Given the following information, calculate the total cost to be assigned to goods completed and transferred out during the period. Direct Material Conversion Total Cost
Given the following information, calculate the total cost to be assigned to goods completed and transferred out during the period.
|
| Direct Material | Conversion | Total |
|---|---|---|---|
| Cost per equivalent unit | $3.00 | $2.50 |
|
| Units completed and transferred out |
|
| 48,000 |
| Units in work in process, ending, 70% complete |
|
| 20,000 |
Multiple choice question.
$264,000
$144,000
$95,000
$359,000
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
The Social Work Ethics Audit A Risk Management Tool
Authors: Frederic G. Reamer
1st Edition
0871013282, 978-0871013286
