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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 24,000 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 | 24,000 | ||
Units finished during the period | 17,900 | ||
Units in process at the end of the period (complete as to materials, complete as to labor and overhead) | 6,100 | ||
Cost of materials used | $ | 60,500 | |
Labor and overhead costs | $ | 62,480 | |
Total cost of the 17,900 units finished is:
-
$102,698.
-
$111,447.
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$123,011.
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$109,467.
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