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Question
| Equivalent | ||||
| Assignment of costs to finished goods | ||||
| Direct materials | 45,000 | $2.239 | $100,755 | |
| Direct labor and overhead | 45,000 | 819 | ||
| Total cost of goods completed | ||||
| Cost of goods in ending goods in process | ||||
| Direct materials | 1,600 | $2.239 | $ 3,582 | |
| Direct labor and overhead | 400 | 1.819 | ||
| Total costs of goods in process | ||||
Reference To: 16_04
Refer To: 16_04
Answer
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