Acme Company uses process costing. During the current month, the first processing department's beginning work in process inventory includes 21,000 units that are 100% complete with respect to direct materials and 40 % complete with respect to conversion costs. During the month, 64,000 units are started and 59,000 units are completed and transferred out. If the cost per equivalent unit for the month is $2.20 for direct materials and $3.90 for conversion costs, what is the total cost of the units completed and transferred out of the department during the month? $359,900 $363,200 O $267,860 $317.000
Acme Company uses process costing. During the current month, the first processing department's beginning work in process inventory includes 21,000 units that are 100% complete with respect to direct materials and 40 % complete with respect to conversion costs. During the month, 64,000 units are started and 59,000 units are completed and transferred out. If the cost per equivalent unit for the month is $2.20 for direct materials and $3.90 for conversion costs, what is the total cost of the units completed and transferred out of the department during the month? $359,900 $363,200 O $267,860 $317.000
Chapter5: Process Costing
Section: Chapter Questions
Problem 6PA: Narwhal Swimwear has a beginning work in process inventory of 13,500 units and transferred in...
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