Solution-Calculate the cost of goods completed and

Calculate the cost of goods completed and transferred out

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Question - Beta Company manufactures steel. The first-in, first-out equivalent units for December are 16,000. The costs in beginning work-in-process are $2,300, and the costs added in December are $128,000. The units started and completed are 13,000. At the beginning of the period, there are 3,300 units in beginning work-in-process, 60% complete. Calculate the cost of goods completed and transferred out.

a. $122,140

b. $116,860

c. $114,560

d. $119,840

Reference no: EM133111439

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Calculate the cost of goods completed and transferred out

Reference no: EM133111439

Reference no: EM133111439

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