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PC Refinery uses a FIFO process costing system. For a particularperiod, its opening inventory consisted of 100 items (60 per centcomplete as to conversion costs) whose costs were $1,600 made up ofmaterial $300 and conversion cost $1,300. During the month, 1,000items were started and 950 were completed. Ending inventory of WIPwas one-third complete. There was no spoilage. Costs placed inprocess during the month were materials $1,785 and conversion costs$13,865. Materials are added at the halfway point. What is theamount of cost that would be allocated to goods completed in theperiod? (a) $16,900.(b) $16,513.(c) $16,150.(d) $14,913.
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