Slurpy produces soft drinks and sodas.Production of 100,000 liters was started in February,85,000 liters were completed.Material costs were $38,220 for the month while conversion costs were $16,380.There was no beginning work-in-process;the ending work-in-process was 40% complete.What is the cost of the product that was completed and transferred to finished goods?
A)$54,600.
B)$51,000.
C)$46,410.
D)$38,220.

Question

Quizplus · Accepted Answer

The Answer of Slurpy produces soft drinks and sodas.Production of 100,000 liters was started in February,85,000 liters were completed.Material costs were $38,220 for the month while conversion costs were $16,380.There was no beginning work-in-process;the ending work-in-process was 40% complete.What is the cost of the product that was completed and transferred to finished goods?
A)$54,600.
B)$51,000.
C)$46,410.
D)$38,220.

Slurpy Produces Soft Drinks and Sodas