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Department J had no work in process at the beginning of the period, 18,000 units

ID: 2378676 • Letter: D

Question

Department J had no work in process at the beginning of the period, 18,000 units were completed and transferred out during the period, 2,000 units were 30% completed at the end of the period, and the following manufacturing costs were debited to the departmental work in process account during the period (Assuming the company uses FIFO):

Direct materials (20,000 at $4) $  80,000 Direct labor 102,300 Factory overhead 37,200

Assuming that all direct materials are placed in process at the beginning of production, what is the total cost of the 18,000 units completed during the period? Answer $139,500 $219,500 $80,000 $207,000 Department J had no work in process at the beginning of the period, 18,000 units were completed and transferred out during the period, 2,000 units were 30% completed at the end of the period, and the following manufacturing costs were debited to the departmental work in process account during the period (Assuming the company uses FIFO):

Direct materials (20,000 at $4) $  80,000 Direct labor 102,300 Factory overhead 37,200

Assuming that all direct materials are placed in process at the beginning of production, what is the total cost of the 18,000 units completed during the period? Department J had no work in process at the beginning of the period, 18,000 units were completed and transferred out during the period, 2,000 units were 30% completed at the end of the period, and the following manufacturing costs were debited to the departmental work in process account during the period (Assuming the company uses FIFO):

Direct materials (20,000 at $4) $  80,000 Direct labor 102,300 Factory overhead 37,200 $  80,000 102,300 37,200 Assuming that all direct materials are placed in process at the beginning of production, what is the total cost of the 18,000 units completed during the period? $139,500 $139,500 $219,500 $219,500 $80,000 $80,000 $207,000 $207,000 Direct materials (20,000 at $4) $  80,000 Direct labor 102,300 Factory overhead 37,200

Explanation / Answer

Ending balance in Work in Process: Direct materials (20,000 units @18) = $360.000 Lqbor 102,300 Factoryoverhead 37,200 __________________ Total = $499,500 Less; Directmaterials in the beinning of production = 360.000 __________________ Ending balance in WIP = $$139,500-correct answer -100% sure
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