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18 January, 15:05

Use this information about Department G to answer the question that follow. Department G had 2,280 units 25% completed at the beginning of the period, 13,600 units were completed during the period, 1,900 units were 20% 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 $32,600 Costs added during period: Direct materials (13,220 units at $9) 118,980 Direct labor 120,690 Factory overhead 26,820 All direct materials are placed in process at the beginning of production, and the first-in, first-out method of inventory costing is used. What is the total cost of the departmental work in process inventory at the end of the period? a.$27,664 b.$21,280 c.$20,520 d.$17,100

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  1. 18 January, 15:30
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    b.$21,280

    Explanation:

    beginning : 2,280 x 25%

    complete 13,600

    1,900 at the end at 20%

    equivalent units for conversion:

    13,600

    -2,280 x 25% = 570

    +1,900 x 20% = 380

    13410

    cost per equivalent units:

    total cost: 120,690 + 26,820 = 147,510

    cost per EU: $11

    total cost ending WIP

    1,900 x $9 = 17,100 materials

    1,900 x 20% x $11 = 4,180

    Total cost 21,280
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