Question
Abis Corporation uses the weighted-average method in its process-costing system. This month, the beginning inventory in the first processing department consisted of 800 units. The costs and percentage completion of these units in beginning inventory were
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Cost
|
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Percent Complete
|
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Material costs
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$6,000
|
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50%
|
|
Conversion costs
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$9,900
|
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30%
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A total of 9,200 units were started, and 8,200 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department during the month:
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Cost
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Material costs
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$113,900
|
|
Conversion costs
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$322,500
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The ending inventory was 80% complete with respect to materials and 20% complete with respect to conversion costs.
The cost per equivalent unit for materials for the month in the first processing department is closest to
Question
The following cost data pertain to the operations of Left-hand Department Stores, Inc., for the month of December.
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Corporate legal office salaries
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$74,000
|
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Shoe Department cost of sales,
Brentwood Store
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$35,000
|
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Corporate headquarters building lease
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$78,000
|
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Store manager's salary
Brentwood Store
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$14,000
|
|
Shoe Department sales commissions,
Brentwood Store
|
$5,000
|
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Store utilities,
Brentwood Store
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$14,000
|
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Shoe Department manager's salary,
Brentwood Store
|
$3,000
|
|
Central warehouse lease cost
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$10,000
|
|
Janitorial costs, Brentwood Store
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$8,000
|
The Brentwood Store is just one of many stores owned and operated by the company. The Shoe Department is one of many departments at the Brentwood Store. The central warehouse serves all of the company's stores.
What is the total amount of the costs listed above that are direct costs of the Shoe Department?