What is the total cost of the units started and completed

Assignment Help Accounting Basics
Reference no: EM131804862

Problem

Department G had 3,141 units, one-third completed at the beginning of the period, 12,321 units were completed during the period, 1,709 units were one-fifth completed at the end of the period, and the following manufacturing costs were debited to the departmental work in process account during the period:

Work in process, beginning of period

$27,330

Costs added during period:


Direct materials

$123,417

Direct labor

$82,278

Factory overhead

$27,426

Assuming that all direct materials are placed in process at the beginning of production and that the first-in, first-out method of inventory costing is used, what is the total cost of the units "started and completed" during the period?

Reference no: EM131804862

Questions Cloud

Calculate sirens manufacturing cost per unit : Siren Company builds custom fishing lures for sporting goods stores
Use improved tools and implements : Farming is no longer practiced using simple but rather ineffective tools (such as hoes, cutlasses, axes, etc.)
Explain the conclusion to try to minimize the situation : The conclusion section of the report will detail the findings of the assessment and make recommendations. As we have discussed, people can look at the same.
What are some rules that govern the way : What are some rules that govern the way you relate to others in your family?
What is the total cost of the units started and completed : Department G had 3,141 units, one-third completed at the beginning of the period. What is the total cost of the units "started and completed" during the period?
Obtains a garnishment order : Sam owes GROUPT Loans Company $5,000 but refuses to pay. GROUPT Loans obtains a garnishment order and serves it on Sam's employer, CDS
Create an appropriate greeting and closing : Create an appropriate greeting and closing for each email. Target the appropriate professional audience. Use appropriate language for professional audience.
How should john mindset change with the change in role : How should John's mindset change with the change in role? Discuss the similarities and differences in sourcing strategies for materials vs. services.
What is the materials cost per equivalent unit for april : The debits to Work in Process- Assembly Department for April together with data concerning production. What is the materials cost per equivalent unit for April?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd