Part 1

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 20% completed at the end of the period, and the following manufacturing costs 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 units at $8) 83,200 Direct labor 63,000 Factory overhead 25,000

All direct materials are placed in process at the beginning of production and the first-in, first-out method of inventory costing is used. What is the total cost of the departmental work in process inventory at the end of the period (round unit cost calculations to four decimal places)? a. $35,670 b. $28,935 c. $16,163 d. $21,432

Part 2

All of the following are characteristics of a process cost system except the system may use several work in process inventory accounts the system emphasizes time periods rather than the time it takes to complete a job manufacturing costs are grouped by department rather than by jobs the system accumulates costs per job

Part 3

The portion of whole units that were completed with respect to either materials or conversion costs within a given accounting period is the definition of units started and completed conversion costs ending work in process equivalent units