Edwards Company produces calendars in a one-department process. The following information is available:
The units still in process are 100 percent complete with respect to direct materials and 60 percent complete with respect to conversion costs.
-The total of costs to account for is
A) $244,200.
B) $120,000.
C) $ 82,800.
D) $ 41,400.

Question

Edwards Company produces calendars in a one-department process. The following information is available:
  The units still in process are 100 percent complete with respect to direct materials and 60 percent complete with respect to conversion costs.
-The total of costs to account for is
A) $244,200. 
B) $120,000. 
C) $ 82,800. 
D) $ 41,400.

Quizplus · Accepted Answer

The total of costs to account for is $244,200. This is the sum of the direct materials, direct labor, and manufacturing overhead costs.

Edwards Company Produces Calendars in a One-Department Process