Units started in process For department 1 25,000 units received from previous department 15,000
units transferred to finished goods inventory department 2 7,000
units completed but not transferred 1,000
ending units in process 10,00(80% direct materials. 65% conversion costs)
Costs added by department 12,650
direct labor 13,545.
Factory overhead( applied) 5, 160 department 1
Direct Labor 9,805
Factory overhead 6,625 department 2
units prepare a sepaerate cost of production report fpr department 1 and 2
if finished goods onventory had a beginning balnace of 25,000 and ending balance of 13,300, what amount was charged to a cost of goods sold?