Maynard Inc. manufactures desks. The following data was given for production in February: units, beginning work in process 0 units started 200 units completed ? units, ending work in process (40% complete) 50 If a total of $11,050 in production costs were incurred, how much cost is assigned to the units completed? a.$3.250 b.$11,050 c.$8,287.50 d.$9,750 e.None of these choices are correct.
Maynard Inc. manufactures desks. The following data was given for production in February: units, beginning work in process 0 units started 200 units completed ? units, ending work in process (40% complete) 50 If a total of $11,050 in production costs were incurred, how much cost is assigned to the units completed? a.$3.250 b.$11,050 c.$8,287.50 d.$9,750 e.None of these choices are correct.
Chapter5: Process Costing
Section: Chapter Questions
Problem 3PB: Vexar manufactures nails. Manufacturing is a one-step process where the nails are forged. This is...
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Maynard Inc. manufactures desks. The following data was given for production in February:
If a total of $11,050 in production costs were incurred, how much cost is assigned to the units completed?
units, beginning work in process | 0 |
units started | 200 |
units completed | ? |
units, ending work in process (40% complete) | 50 |
If a total of $11,050 in production costs were incurred, how much cost is assigned to the units completed?
a.$3.250
b.$11,050
c.$8,287.50
d.$9,750
e.None of these choices are correct.
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