In a department,22,000 units are completed and transferred out and 6,200 remain in ending WIP at 55% complete.If an equivalent unit costs $8.00 for direct materials,what is the value of materials transferred out?
A)$ 49,600
B)$126,400
C)$176,000
D)$ 27,280

Question

Quizplus · Accepted Answer

The value of materials transferred out is calculated by multiplying the number of completed units by the cost per equivalent unit. Therefore, 22,000 units x $8.00 = $176,000.

In a Department,22,000 Units Are Completed and Transferred Out and 6,200