Author Question: Use the information below to answer the following questions:Germ Away Ltd. a disinfectant ... (Read 45 times)

Sportsfan2111 · **on:** Jan 5, 2020

Use the information below to answer the following questions:

Germ Away Ltd. a disinfectant manufacturer offers the following information:

WIP inventory, January 1	0 units
Units started	21,500 units
Units completed and transferred out	14,500 units
WIP inventory, December 31	7,000 units
Direct materials	$252,500
Direct labour	$592,500
Manufacturing overhead	$375,100

The units in ending WIP inventory were 60% complete for materials and 40% complete for conversion costs.

On December 31, what is the total cost of units completed and transferred for Germ Away?
◦ $1,067,342
◦ $1,006,735
◦ $1,022,627
◦ $773,163

mjbamaung · **Reply #1 on:** Jan 5, 2020

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