33. Direct materials are added uniformly throughout a process. Direct materials cost per equivalent unit...
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33. Direct materials are added uniformly throughout a process.
Direct materials cost per equivalent unit = $5.12 Completed units = 50,502
6,000 units were 45% complete with respect to direct materials in beginning WIP. 5,000 Units in ending WIP are 75% complete with respect to direct materials.
Using the FIFO method, how much is the direct materials cost of units completed and transferred out?
a- $261,270.24 b- Not enough information. c- $294,570.24 d- $258,570.24
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