Refresh 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

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The Answer of Refresh 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.

Refresh Produces Soft Drinks and Sodas