Would the total amount of materials cost transferred out

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Reference no: EM132657703

Beginning work in process: 3,000 unitsDirect materials: $18,000
Conversion cost (40% complete): $14,000

Number of units started this period: 4,000

Number of units completed and transferred to finished goods: 2,000

Ending work in process (70% complete for CC)

Direct materials: $122,000

Conversion cost $306,000

Problem 1: Would the total amount of materials cost transferred out is $116,364?

Reference no: EM132657703

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