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Use this information about Carmelita Inc. to answer the question that follows Carmelita Inc. has the following information available Costs from Beginning Inventory Costs from
Use this information about Carmelita Inc. to answer the question that follows Carmelita Inc. has the following information available Costs from Beginning Inventory Costs from Current Period Direct materials $5,100 $20,000 Conversion costs 5,600 155,500 At the beginning of the period, there were 600 units in process that were 41% complete as to conversion costs and 100% complete as to direct materials couts. During the period, 5.500 units were started and completed. Ending inventory contained 300 units that were 28% complete as to conversion costs and 100% complete as to materials costs. Assume that the company uses the FINO cost flow method. Round cost per unit figures to the nearest cent when computing total costs. The total coststraterred to Finished Goods for units started and completed were 5 5166,705 Ob 5225021 Oc 1175,00
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