Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. department a had 1,000 units in work in process th

Department A had 1,000 units in Work in Process that were 60% completed at the...

90.2K

Verified Solution

Question

Accounting

Department A had 1,000 units in Work in Process that were 60% completed at the beginning of the period at a cost of $7,000. 4,000 units of direct materials were added during the period at a cost of $8,200. 4,500 units were completed during the period, and 500 units were 40% completed at the end of the period. All materials are added at the beginning of the process. Direct labor was $28,700 and factory overhead was $4,510. The cost of the 500 units in process at the end of the period if the first-in, first-out method is used to cost inventories was:

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

The Hamilton Corporation has 3 million shares of stock outstanding and will report earnings of $6,880,000...

Finance
Q

50 A small section of area AA is removed from a uniform spherical shell with...

Physics
Q

2 Kirsten has 500 in her savings account She can save 50 each m a...

Basic Math
Q

Knowledge Check The Sugar Sweet Company is going to transport its sugar to market It...

Basic Math
Q

In January of 2020 Jack Daniels invested $ 200000 from his private savings...

Accounting
Q

Part I: A Comprehensive Accounting Cycle Program On December 1, 2009, John and Patty Driver...

Accounting
Q

[9] Lancelot owns a cabin that he rented for 4 months and lived in for...

Accounting
Q

The disposal of a significant component of a business is called A. an...

Accounting
Q

Problem 2-36 Spreadsheet Problem: Free Cash Flow (LG2-5) Vinny's Overhead Construction had free...

Accounting
Q

What is the Cashflow from Operating Activities? What is the Cashflow from Investing Activities?...

Accounting
Q

An investment project provides cash inflows of $590 per year for 9 years. a. What...

Finance
Q

Mars Dump is a multinational company that is caught by the Emissions Trading Scheme (ETS)....

Accounting