A manufacturer has two manufacturing departments, Assembly and Painting. The company uses the FIFO method and it reports
Posted: Wed May 04, 2022 7:02 am
A manufacturer has two manufacturing departments, Assembly and Painting. The company uses the FIFO method and it reports the following data. Units completed in the Assembly department are transferred to the Painting department Units 75,000 Direct materials Conversion Percent Percent Complete Complete 60% 40% Beginning work in process inventory Units started this periodi 900,000 Units completed and transferred out 885,000 Ending work in process inventory 90,000 80% 30% Production cost information for the Assembly department follows. Beginning work in process Direct materials Conversion $ 134,400 45,900 $180,300 Costs added this period i Direct naterials $ 3,693,600 Conversion 2,690,100 $6,383,700 Calculate the number of units started and completed this period for the Assembly department Mutiple Choice O 125.000 100.000 795.000 $40,000