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?

Name: 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?
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Question

Quizplus · Accepted Answer

C) 22,000 units × $8 = $176,000

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