Question

Department G had 1,800 units 25% completed at the beginning of the period, 13,100 units were completed during the period, 1,500 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 $30,300 Costs added during period:
Direct materials (12,800 units at $9) 115,200
Direct labor 129,500
Factory overhead 38,850
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?

Answer 1

Total Costs of the departmental work in process inventory at the end of the period = $ 313850

Step-by-step explanation:

Units completed at the beginning of the period = 25% * 1800= 450

Add Units completed during the period = 13,100

Less Work in Process Ending Inventory = 1500* 20%= 300

Unit completed = 13250

Costs Added During the period

Beginning WIP = $ 30300

Direct Materials = $ 115,200

Direct labor 129,500

Factory overhead 38,850

Total Costs of the departmental work in process inventory at the end of the period = $ 313850