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The Lakeside Company uses a weighted-average process costing system. The following data are available: Beginning inventory -0- Units started in production 27,000 Units finished during
The Lakeside Company uses a weighted-average process costing system. The following data are available:
Beginning inventory | -0- | ||
Units started in production | 27,000 | ||
Units finished during the period | 21,600 | ||
Units in process at the end of the period (complete as to materials, complete as to labor and overhead) | 5,400 | ||
Cost of materials used | $ | 62,640 | |
Labor and overhead costs | $ | 45,800 | |
Total cost of the 5,400 units of the ending inventory: (Round intermediate calculations to two decimal places and round your final answer to the nearest whole dollar.)
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