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Question
Use this information about Department J to answer the questions that follow.
Department J had no work in process at the beginning of the period. 18,000 units were completed during the period, and 2,000 units were 30% completed at the end of the period. The following manufacturing costs were debited to the departmental work in process account during the period:
Direct materials (20,000 at $5) $100,000
Direct labor 142,300
Factory overhead 57,200
Assume that all direct materials are added at the beginning of the process, the company uses the FIFO cost flow method, and unit cost computations are rounded to the nearest cent.
The total cost of the 18,000 units completed during the period is
a. $199,500
b. $299,500
c. $256,500
d. $283,140
Answer
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