Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

this is all i got find total ending unit product Jane Industries manufactures plastic toys. During October, Jane's Fabrication Department started work on 10,100 models.

image text in transcribed
image text in transcribed
this is all i got
find total ending unit product
Jane Industries manufactures plastic toys. During October, Jane's Fabrication Department started work on 10,100 models. During the month. the company completed 11,500 models, and transferred them to the Distribution Department. The company ended the month with 2,100 models in ending inventory. There were 3,500 models in beginning inventory. All direct materials costs are added at the beginning of the production cycle and conversion costs are added uniformly throughout the production process. The FIFO method of process costing is being followed. Beginning work in process was 30% complete as to conversion costs, while ending work in process was 55% complete as to conversion costs. Manufacturing costs added during the accounting period. Jane Industries manufactures plastic toys. During October, Jane's Fabrication Department started work on 10,100 models. During the month, the company completed 11,500 models, and transferred them to the Distribution Department. The company ended the month with 2,100 models in ending inventory. There were 3,500 models in beginning inventory. All direct materials costs are added at the beginning of the production cycle and conversion costs are added uniformly throughout the production process. The FIFO method of process costing is being followed. Beginning work in process was 30% complete as to conversion costs, while ending work in process was 55% complete as to conversion costs. Manufacturing costs added during the accounting period: Direct materials $70,000 Conversion costs $240,700 A. $38,508 B. $43,954 C. $33,698 D. $50,047

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions