Following is a partial process cost summary for Mitchell Manufacturing's Canning Department. The total materials costs transferred out of the Canning Department equals:
A) $135,500.
B) $136,000.
C) $176,500.
D) $176,150.
E) $196,000.

Question

Following is a partial process cost summary for Mitchell Manufacturing's Canning Department.  The total materials costs transferred out of the Canning Department equals:
A) $135,500. 
B) $136,000. 
C) $176,500. 
D) $176,150. 
E) $196,000.

Quizplus · Accepted Answer

50,000 units transferred out × 2.71 per EUP = $135,500

Following Is a Partial Process Cost Summary for Mitchell Manufacturing's