Reference no: EM13502141

Question

Abis Corporation uses the weighted-average method in its process-costing system. This month, the beginning inventory in the first processing department consisted of 800 units. The costs and percentage completion of these units in beginning inventory were

	Cost		Percent Complete
Material costs	$6,000		50%
Conversion costs	$9,900		30%

A total of 9,200 units were started, and 8,200 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department during the month:

	Cost
Material costs	$113,900
Conversion costs	$322,500

The ending inventory was 80% complete with respect to materials and 20% complete with respect to conversion costs.

The cost per equivalent unit for materials for the month in the first processing department is closest to

 

Question

The following cost data pertain to the operations of Left-hand Department Stores, Inc., for the month of December.

Corporate legal office salaries	$74,000
Shoe Department cost of sales, Brentwood Store	$35,000
Corporate headquarters building lease	$78,000
Store manager's salary Brentwood Store	$14,000
Shoe Department sales commissions, Brentwood Store	$5,000
Store utilities, Brentwood Store	$14,000
Shoe Department manager's salary, Brentwood Store	$3,000
Central warehouse lease cost	$10,000
Janitorial costs, Brentwood Store	$8,000

The Brentwood Store is just one of many stores owned and operated by the company. The Shoe Department is one of many departments at the Brentwood Store. The central warehouse serves all of the company's stores.

What is the total amount of the costs listed above that are direct costs of the Shoe Department?