Freund Company produces calendars in a one-department process. The following data is available for the past month:
Work-in-process inventory, beginning 0
Units started 15,000
Units completed and transferred 12,000
Units in ending inventory 3,000
Direct materials added $30,000
Direct labor $20,700
Factory overhead costs $10,350
The units in process at the end of the month are 100 percent complete with respect to materials and 60 percent complete with respect to conversion costs. What are the total costs to account for?
A) $20,700
B) $30,000
C) $50,700
D) $61,050
D
You might also like to view...
Marketing managers use experiential marketing as a means of developing public relations
Indicate whether the statement is true or false a. True b. False
If a firm's profit is Z = 12x - 6x2 + 30, and their minimum production level of x is equal to 0.5, then the level of x that maximizes profit is:
A) .5. B) 1. C) 1.5. D) 2.