Deck 8: Process Costing

Question 1

In the weighted-average approach,the number of physical units transferred out cannot be greater than the equivalent number of units produced during the period.EUP = transferred out + % completed × ending inventory.The number transferred can equal EUP,but can never be greater.

Answer 1

True

Question 2

The degree of completion associated with prior department costs is always 100%.It is the same as a material added at the start of the process.All the effort is there.

Answer 2

True

Question 3

First-in,first-out (FIFO)process costing transfers out the costs in beginning inventory before transferring out the costs associated with units started and completed.This is a basic concept of FIFO.

Answer 3

True

Question 4

Operation costing is used in manufacturing goods that have some common characteristics and some individual characteristics.The common characteristics are normally conversion costs;individual characteristics are the materials.

Question 5

The more prices change,the greater the difference between the costs assigned to units transferred out using weighted-average costing and the costs assigned to units transferred out using first-in,first-out (FIFO).Weighted-average combines several periods' costs,so the larger the change,the greater the difference.

Question 6

In general,the ending Work-in-Process Inventory value computed using first-in,first-out (FIFO)will be the same as the ending value computed using weighted-average process costing.The two approaches will have different unit costs,so the costs assigned to ending WIP will differ.

Question 7

If the beginning Work-in-Process inventory is zero,first-in,first-out (FIFO)and weighted-average process costing will assign the same amount to the units transferred out.It is the beginning WIP costs that creates differences between weighted-average and FIFO.If there is no beginning WIP,there will be no difference.

Question 8

The weighted-average approach to process costing combines the work and costs done in prior periods with the work and costs done in the current period.This is the basic concept of weighted-average.

Question 9

In general,weighted-average costing is simpler to use while first-in,first-out (FIFO)costing provides greater decision-making benefits to managers.Weighted-average is simpler since there is less attention paid to when units are completed.FIFO does a better job for cost control since it identifies the period better.

Question 10

It is possible for units in the beginning Work-in-Process Inventory to also be part of the ending Work-in-Process Inventory.If the time to complete a unit is longer than a month,it may be possible that not all units in beginning WIP would be completed during the month.

Question 11

The number of units in the beginning Work-in-Process Inventory plus the units transferred out during the period equals the number of units started during the period plus the number of units in the ending Work-in-Process Inventory.Beginning WIP + started = Transferred out + Ending WIP

Question 12

If materials are added continuously throughout the production process,then the equivalent units for materials will always equal the equivalent units for the conversion costs.Conversion costs are added continuously;if materials are as well there is no need to separately compute equivalent units since they would be the same.

Question 13

The equivalent unit concept refers to the actual amount of work during the period stated in terms of the work required to complete an equal number of whole units.This is a definition of equivalent units.

Question 14

Operational costing accounts for material costs like job costing and conversion costs like process costing.Materials vary and can be traced;conversion costs are consistent and can be averaged.

Question 15

If materials are only added at the end of the production process,then the degree of completion for materials of units in the ending Work-in-Process Inventory is always 0%.None of the materials would be there.Once the materials are added,the units are complete.

Question 16

Job costing requires more detailed recordkeeping than process costing.Job costing traces costs to jobs or units while process costing averages costs.

Question 17

If materials are only added at the beginning of the production process,then the degree of completion for materials in the ending Work-in-Process Inventory will be the same as the degree of completion for the conversion costs.This would be true if materials are added continuously.

Question 18

In a weighted-average process costing system,the costs in the beginning Work-in-Process Inventory are not used to compute the costs transferred-out.In weighted-average,the beginning WIP costs are combined with the current period costs to determine cost per unit.

Question 19

If materials are only added at the beginning of the production process,then the degree of completion for materials in the ending Work-in-Process Inventory is always 100%.All the materials would be there,otherwise the units would not be in process.This is the most likely scenario in process costing.

Question 20

Process costing assumes all units are homogeneous and follow the same path through the production process.This statement is a basic concept of process costing;whereas,job costing assumes differing units.

Question 21

A form prepared periodically for each processing department summarizing (1)the units for which the department is accountable and the disposition of these units and (2)the costs charged to the department and the allocation of these costs is called a:

A)schedule of Cost of Goods Manufactured.
B)production cost report.
C)job order cost sheet.
D)schedule for Cost of Goods SolD.This is the description of a production cost report.A job order cost sheet is used in job costing and contains mostly tracing rather than allocation.

Question 22

Blue Company has beginning and ending Work-in-Process Inventories that are 45% and 10% complete,respectively.Materials are added at the beginning of the process.If first-in,first-out (FIFO)process costing is used,the total equivalent units for materials will equal the number of units:

A)transferred out during the period.
B)started and completed during the period.
C)started into the process during the period.
D)started into the process plus the units in the ending inventory.

Question 23

Which of the following statements is (are)false? (A)Operations costing accounts for material costs like job costing and conversion costs like process costing.(B)An automobile manufacturer is more likely to use an operations costing system than a process costing system.

A)Only A is false.
B)Only B is false.
C)Both A and B are false.
D)Neither A nor B is false.

Question 24

In order to compute equivalent units of production using the FIFO method of process costing,work for the period must be broken down to units:

A)completed during the period and units in ending inventory.
B)started during the period and units transferred out during the period.
C)completed from beginning inventory,started and completed during the month,and units in ending inventory.
D)processed during the period and units completed during the perioD.In theory the physical flow dictates the cost flow: (1)complete the units in beginning inventory, (2)start and complete new units,and (3)start,but don't complete the balance of new units.

Question 25

Additional materials are added in the second department of a four-department production process.However,this addition does not increase the number of units being produced in the second department,but will:

A)increase the equivalent units of production.
B)increase the total cost per unit.
C)decrease the value of the transferred-in costs.
D)decrease the total costs to account for.

Question 26

Of the following process costing steps,which must be done last?

A)Compute the equivalent units of production.
B)Compute the costs per equivalent unit of production.
C)Measure the physical flow of resources.
D)Identify the product costs to account for.

Question 27

An error was made by ROC Company in computing the percentage-of-completion of the current year's ending Work-in-Process Inventory.The error resulted in the assignment of a lower percentage of completion to each component of the inventory than actually was the case.There was no beginning Work-in-Process Inventory.What is the effect of this error on (1)cost assigned to cost of goods completed for the period and (2)the computation of costs per equivalent unit?

A)Understated;Understated
B)Understated;Overstated
C)Overstated;Understated
D)Overstated;Overstated

Question 28

Which of the following statements regarding first-in,first-out (FIFO)process costing is (are)true? (A)First-in,first-out (FIFO)process costing transfers out the costs in beginning inventory before transferring out the costs associated with units started and completed.(B)First-in,first-out process costing requires one additional step in assigning costs to the units transferred out and the ending Work-in-Process Inventory.

A)Only A is true.
B)Only B is true.
C)Both A and B are true.
D)Neither A nor B is true.

Question 29

If the units in the beginning Work-in-Process Inventory are greater than the units in the ending Work-in-Process Inventory,then the units transferred out are:

A)more than the units started during the period.
B)equal to the equivalent units of production.
C)less than the units started during the period.
D)equal to the actual work done during the perioD.BWIP + TI - TO = EWIP;BWIP - EWIP = TO - TI.If BWIP > EWIP then TO > TI

Question 30

An equivalent unit of conversion costs is equal to the amount of conversion costs required to:

A)start a unit.
B)start and complete a unit.
C)transfer a unit in.
D)transfer a unit out.

Question 31

In a production cost report using process costing,transferred-in costs are most similar to:

A)material added at the beginning of the process.
B)conversion costs added during the process.
C)costs transferred-out to the next process.
D)costs included in beginning inventory.

Question 32

Under which of the following conditions will the FIFO method produce the same cost of goods manufactured as the weighted-average method?

A)There is no ending inventory.
B)There is no beginning inventory.
C)The beginning and ending inventories are equal.
D)The beginning and ending inventories are both 50% complete.

Question 33

Which of the following organizations would most likely use a process costing system?

A)Gasoline refinery.
B)Automobile retailer.
C)Airplane manufacturer.
D)Public accounting firm.

Question 34

Which of the following statements is (are)true? I.For cost control,the FIFO method of process costing is better than the weighted-average method.II.The weighted-average method of process costing assigns more cost to units completed (transferred out)than the FIFO method.

A)Only I is true.
B)Only II is true.
C)Both I and II are true.
D)Neither I nor II is true.

Question 35

Red Company had Work-in-Process Inventories that were 45% complete at the start of the month.Work-in-Process at the end of the month was 10% complete.Materials were added at the beginning of the process.If weighted-average process costing is used,the total equivalent units for materials will equal the number of units:

A)transferred out during the period.
B)started and completed during the period.
C)started into the process during the period.
D)transferred out during the process plus the units in the ending inventory.

Question 36

In the computation of the manufacturing cost per equivalent unit,the weighted-average method of process costing considers:

A)current costs only.
B)current costs plus cost of beginning Work-in-Process Inventory.
C)current costs plus cost of ending Work-in-Process Inventory.
D)current costs less cost of beginning Work-in-Process Inventory.

Question 37

Which of the following statements concerning a process cost accounting system is false?

A)The units in beginning inventory plus the units transferred out during the month should equal the units in the ending inventory plus the units transferred in during the month.
B)If material is used evenly throughout a process,the number of equivalent material units will equal the number of equivalent units for the conversion (processing)costs.
C)Actual costing may be used in a process costing system to assign indirect overhead costs to departments.
D)The units in beginning inventory plus the units transferred in during the month should equal the units in the ending inventory plus the units transferred out during the month.

Question 38

Which of the following statements is (are)true regarding product costing? (A)Twenty cans of paint that are 25% full are equivalent to four cans of paint that are completely full.(B)The equivalent unit concept refers to the actual amount of work during the period stated in terms of whole units.

A)Only A is true.
B)Only B is true.
C)Both A and B are true.
D)Neither A nor B is true.

Question 39

The following examples briefly describe the manufacture of two different products.Which costing method (job-order or process)would be the best method to use for each project? I.Fred Puetz manufactures Fred's Wine Cooler.Fred once made the statement,"People can have any flavor of Fred's Wine Cooler they want as long it's boysenberry."
II)Ahmad Aerondonetics is manufacturing three space shuttles for the country of Kricherra.Each shuttle is slightly different and production will last approximately two years.

A)a
B)b
C)c
D)d

Question 40

Materials are added at the beginning of a process in a process costing system.The beginning Work-in-Process Inventory was 30% complete as to conversion costs.Using first-in,first-out (FIFO)process costing,the total equivalent units for material are:

A)beginning inventory this period for this process.
B)units started this period in this process.
C)units started this period in this process plus the beginning inventory.
D)units started this period in this process plus 70% of the beginning inventory this perioD.When all the material is added at the start of the process it doesn't matter when the units were started or where they are,they all contain 100% material even if they are spoileD.

Question 41

RST Company incurred $126,000 in material costs during July.Additionally,the 12,000 units in the Work-in-Process Inventory on July 1 had materials assigned to them of $32,000,even though they were only 5% complete as to materials.No additional units were started during July,and there were no unfinished units on hand on July 31.What is the material cost per unit for July,assuming RST uses weighted-average process costing?

A)$10.50.
B)$11.59.
C)$13.17.
D)$15.49.

Question 42

Sussex Corporation's production cycle starts in the Mixing Department.The following information is available for April: Materials are added at the beginning of the process in the Mixing Department.What are the equivalent units of production for the month of April,assuming Sussex uses the weighted-average method?

A)a
B)b
C)c
D)d

Question 43

Department A had no Work-in-Process at the beginning of the period,1,000 units were completed during the period,200 units were 50% completed at the end of the period,and the following manufacturing costs were debited to the departmental Work-in-Process account during the period Assuming that all direct materials are added at the beginning of production and Department A uses weighted-average process costing,what is the total cost of the departmental Work-in-Process Inventory at the end of the period?

A)$3,650.
B)$2,900.
C)$2,000.
D)$1,825.

Question 44

The ALG Manufacturing Company has gathered the following information for the month of September: • 6,000 units in the beginning Work-in-Process Inventory (75% complete as to materials,1/3 complete with respect to the conversion costs).• 60,000 units were started into production.• 50,000 units were completed and transferred to the next department.• The ending Work-in-Process Inventory is complete as to materials but only 3/8 complete with respect to conversion costs.What are the equivalent units of production (EUP)for materials in the month of September assuming ALG uses weighted-average process costing?

A)52,000
B)64,500
C)66,000
D)61,500

Question 45

The WISCO Company uses a weighted-average process costing system.The following data are available: Total cost of the 16,000 units finished is:

A)$63,360.
B)$67,320.
C)$72,640.
D)$65,120.

Question 46

Predetermined manufacturing overhead rates can be used in all of the following costing systems except:

A)job costing.
B)process costing.
C)operations costing.
D)actual costing.

Question 47

The ALG Manufacturing Company has gathered the following information for the month of September: • 6,000 units in the beginning Work-in-Process Inventory (75% complete as to materials,1/3 complete with respect to the conversion costs)
• 60,000 units were started into production
• 50,000 units were completed and transferred to the next department
• The ending Work-in-Process Inventory is complete as to materials but only 3/8 complete with respect to conversion costs.What are the equivalent units of production (EUP)for the conversion costs in the month of September assuming ALG uses weighted-average process costing?

A)64,500
B)56,000
C)61,500
D)54,000

Question 48

The Blue Corporation started and completed 4,800 units during February.Blue started the month with 700 units in process (40% complete)and ended the month with 400 units in process (40% complete).How many units were transferred to the Finished Goods Inventory during February?

A)5,500.
B)5,380.
C)5,100.
D)4,400.

Question 49

The WISCO Company uses a weighted-average process costing system.The following data are available: Unit cost of labor and overhead is:

A)$2.34.
B)$2.20.
C)$1.97.
D)$1.87.

Question 50

The WISCO Company uses a weighted-average process costing system.The following data are available: Unit cost of material is:

A)$2.20.
B)$2.07.
C)$1.85.
D)$1.76.

Question 51

The Viva Company had 20,000 units in process on December 31,2012 which was 80% complete as to materials but only 40% complete as to conversion costs.The company's records show 40,000 units were transferred to the Finished Goods Inventory during January 2013.On January 31,2013,15,000 units were on hand which were 30% complete as to conversion costs and 60% complete as to materials.What are the equivalent units of production for the conversion costs in January,assuming Viva uses first-in,first-out (FIFO)?

A)34,000.
B)35,000.
C)36,500.
D)41,500.

Question 52

The Wisco Company has a process cost system.All materials are added when the process is first begun.At the beginning of September,there were no units of product in process.During September 50,000 units were started;5,000 of these were still in process at the end of September and were 3/5 finished.The equivalent units of material in September were:

A)40,000.
B)45,000.
C)48,000.
D)50,000.

Question 53

ABC Company has a beginning Work-in-Process Inventory of 25,000 units (40% complete).During the period,110,000 units were started and the ending Work-in-Process Inventory consisted of 20,000 units (80%).What are the equivalent units for conversion costs using weighted-average process costing?

A)110,000.
B)115,000.
C)121,000.
D)131,000.

Question 54

Operations costing systems are used when the products have:

A)used a standardized method that is repeatedly performed.
B)common characteristics and no individual characteristics.
C)individual characteristics and no common characteristics.
D)been mass produced in a continuous production process.
E)some common characteristics and some individual characteristics.

Question 55

The WISCO Company uses a weighted-average process costing system.The following data are available: Total cost of the 4,000 units of the ending inventory:

A)$15,840.
B)$14,520.
C)$9,240.
D)$8,910.

Question 56

The WISCO Company uses a weighted-average process costing system.The following data are available: Equivalent units of production for material are:

A)16,000.
B)17,000.
C)19,000.
D)20,000.

Question 57

Beattie Company completed and transferred out 2,300 units in May 2012.There were 200 units in the Work-in-Process Inventory on May 31,2012,30% complete as to conversion costs and 100% complete as to materials.The month's charges for conversion costs and material costs were $9,440 and $6,250,respectively.There was no beginning inventory on May 1,2012.What is the cost of the work transferred-out during May?

A)$8,510.
B)$14,950.
C)$15,690.
D)$16,250.

Question 58

An operations costing system is:

A)identical to a process costing system except that actual cost is used for manufacturing overhead.
B)the same as a process costing system except that materials are allocated on the basis of batches of production.
C)the same as a job order costing system except that materials are accounted for in the same way as they are in a process costing system.
D)the same as a job order costing system except that no overhead allocations are made since actual costs are used throughout.

Question 59

The Wisco Company has a process cost system.All materials are added when the process is first begun.At the beginning of September,there were no units of product in process.During September 50,000 units were started;5,000 of these were still in process at the end of September and were 3/5 finished.The equivalent units for the conversion costs in September were:

A)40,000.
B)45,000.
C)48,000.
D)50,000.

Question 60

The WISCO Company uses a weighted-average process costing system.The following data are available: Equivalent units of production for labor and overhead are:

A)16,000.
B)17,000.
C)19,000.
D)20,000.

Question 61

Kimbeth Manufacturing uses process costing to control costs in the manufacture of Dust Sensors for the mining industry.The following information pertains to operations for November.(CMA Exam adapted) The beginning inventory was 60% complete as to materials and 20% complete as to conversion costs.The ending inventory was 90% complete as to materials and 40% complete as to conversion costs.Costs pertaining to November are as follows: Beginning inventory: direct materials,$54,560;direct labor,$20,320;manufacturing overhead,$15,240.Costs incurred during the month: direct materials,$468,000;direct labor,$182,880;manufacturing overhead,$391,160.What is the equivalent unit cost for materials assuming Kimbeth uses weighted-average process costing?

A)$4.12.
B)$4.50.
C)$4.60.
D)$4.80.

Question 62

The Finishing Department had 5,000 incomplete units in its beginning Work-in-Process Inventory which were 100% complete as to materials and 30% complete as to conversion costs.15,000 units were received from the previous department.The ending Work-in-Process Inventory consisted of 2,000 units which were 50% complete as to materials and 30% complete as to conversion costs.The Finishing Department uses first-in,first-out (FIFO)process costing.What are the equivalent units of production for the conversion costs during the period?

A)14,500.
B)15,100.
C)16,500.
D)17,100.

Question 63

The debits to Work-in-Process for Department #2 for the month of April of the current year,together with information concerning production,are presented below.All direct materials come from Department #1.The units completed include the 1,200 in process at the beginning of the period.Department #2 uses FIFO costing. What are the total costs to be accounted for on the production cost report for Department #2 for the period?

A)$16,400.
B)$17,600.
C)$11,600.
D)$12,660.

Question 64

The Finishing Department had 5,000 incomplete units in its beginning Work-in-Process Inventory which were 100% complete as to materials and 30% complete as to conversion costs.15,000 units were received from the previous department.The ending Work-in-Process Inventory consisted of 2,000 units which were 50% complete as to materials and 30% complete as to conversion costs.The Finishing Department uses first-in,first-out (FIFO)process costing.How many units were transferred-out during the period?

A)12,000.
B)13,000.
C)18,000.
D)20,000.

Question 65

In computing the current period's manufacturing cost per equivalent unit,the FIFO method of process costing considers: (CPA adapted)

A)only current period costs.
B)current period costs plus cost of beginning work-in-process inventory.
C)current period costs less cost of beginning work-in-process inventory.
D)current period costs plus the cost of ending work-in-process inventory.

Question 66

....

Question 67

The debits to Work-in-Process for Department #2 for the month of April of the current year,together with information concerning production,are presented below.All direct materials come from Department #1.The units completed include the 1,200 in process at the beginning of the period.Department #2 uses FIFO costing. The unit cost of Product X started and completed in the current period is:

A)$2.00.
B)$2.50.
C)$2.55.
D)$2.60.

Question 68

Kimbeth Manufacturing uses process costing to control costs in the manufacture of Dust Sensors for the mining industry.The following information pertains to operations for November.(CMA Exam adapted) The beginning inventory was 60% complete as to materials and 20% complete as to conversion costs.The ending inventory was 90% complete as to materials and 40% complete as to conversion costs.Costs pertaining to November are as follows: Beginning inventory: direct materials,$54,560;direct labor,$20,320;manufacturing overhead,$15,240.Costs incurred during the month: direct materials,$468,000;direct labor,$182,880;manufacturing overhead,$391,160.What is the equivalent unit cost for the conversion costs assuming Kimbeth uses first-in,first-out (FIFO)process costing?

A)$5.65.
B)$5.83.
C)$6.00.
D)$6.20.

Question 69

In a process costing system,the application of factory overhead usually would be recorded as an increase in: (CPA adapted)

A)Finished goods inventory control.
B)Factory overhead control.
C)Cost of goods sold.
D)Work-in-process inventory control.

Question 70

In process 2,material G is added when a batch is 60% complete.Ending work-in-process units,which are 50% complete,would be included in the computation of equivalent units for: (CPA adapted)

A)a
B)b
C)c
D)d

Question 71

The following information pertains to Lap Co.'s Palo Division for the month of April: All materials are added at the beginning of the process.Using the weighted-average method,the cost per equivalent unit of materials is: (CPA adapted)

A)$0.59.
B)$0.55.
C)$0.45.
D)$0.43.

Question 72

The debits to Work-in-Process for Department #2 for the month of April of the current year,together with information concerning production,are presented below.All direct materials come from Department #1.The units completed include the 1,200 in process at the beginning of the period.Department #2 uses FIFO costing. The unit cost of Product X started in the prior period and completed in the current period is:

A)$2.00.
B)$3.60.
C)$2.55.
D)$3.45.

Question 73

A process costing system was used for a department that began operations in January 2012.Approximately the same number of physical units,at the same degree of completion,were in work-in-process at the end of both January and February.Monthly conversion costs are allocated between ending work-in-process and units completed.Compared to the FIFO method,would the weighted-average method use the same or a greater number of equivalent units to calculate the monthly allocations? (CPA adapted)

A)a
B)b
C)c
D)d

Question 74

The debits to Work-in-Process for Department #2 for the month of April of the current year,together with information concerning production,are presented below.All direct materials come from Department #1.The units completed include the 1,200 in process at the beginning of the period.Department #2 uses FIFO costing. The cost of goods transferred to finished goods is:

A)$17,660.
B)$16,000.
C)$13,000.
D)$12,800.

Question 75

The debits to Work-in-Process for Department #2 for the month of April of the current year,together with information concerning production,are presented below.All direct materials come from Department #1.The units completed include the 1,200 in process at the beginning of the period.Department #2 uses FIFO costing. The conversion costs per equivalent units is:

A)$1.00.
B)$1.50.
C)$2.00.
D)$2.55.

Question 76

Kimbeth Manufacturing uses process costing to control costs in the manufacture of Dust Sensors for the mining industry.The following information pertains to operations for November.(CMA Exam adapted) The beginning inventory was 60% complete as to materials and 20% complete as to conversion costs.The ending inventory was 90% complete as to materials and 40% complete as to conversion costs.Costs pertaining to November are as follows: Beginning inventory: direct materials,$54,560;direct labor,$20,320;manufacturing overhead,$15,240.Costs incurred during the month: direct materials,$468,000;direct labor,$182,880;manufacturing overhead,$391,160.What are the total costs in the ending Work-in-Process Inventory assuming Kimbeth uses first-in,first-out (FIFO)process costing?

A)$153,168.
B)$154,800.
C)$155,328.
D)$156,960.

Question 77

The Finishing Department had 5,000 incomplete units in its beginning Work-in-Process Inventory which were 100% complete as to materials and 30% complete as to conversion costs.15,000 units were received from the previous department.The ending Work-in-Process Inventory consisted of 2,000 units which were 50% complete as to materials and 30% complete as to conversion costs.The Finishing Department uses first-in,first-out (FIFO)process costing.What are the equivalent units of production for materials during the period?

A)12,000.
B)13,000.
C)14,000.
D)15,000.

Question 78

Kimbeth Manufacturing uses process costing to control costs in the manufacture of Dust Sensors for the mining industry.The following information pertains to operations for November.(CMA Exam adapted) The beginning inventory was 60% complete as to materials and 20% complete as to conversion costs.The ending inventory was 90% complete as to materials and 40% complete as to conversion costs.Costs pertaining to November are as follows: Beginning inventory: direct materials,$54,560;direct labor,$20,320;manufacturing overhead,$15,240.Costs incurred during the month: direct materials,$468,000;direct labor,$182,880;manufacturing overhead,$391,160.What is the equivalent unit cost for materials assuming Kimbeth uses first-in,first-out (FIFO)process costing?

A)$4.12.
B)$4.50.
C)$4.60.
D)$4.80.

Question 79

The Finishing Department had 5,000 incomplete units in its beginning Work-in-Process Inventory which were 100% complete as to materials and 30% complete as to conversion costs.15,000 units were received from the previous department.The ending Work-in-Process Inventory consisted of 2,000 units which were 50% complete as to materials and 30% complete as to conversion costs.The Finishing Department uses first-in,first-out (FIFO)process costing.How many units were started and completed during the period?

A)12,000.
B)13,000.
C)18,000.
D)20,000.

Question 80

The debits to Work-in-Process for Department #2 for the month of April of the current year,together with information concerning production,are presented below.All direct materials come from Department #1.The units completed include the 1,200 in process at the beginning of the period.Department #2 uses FIFO costing. The cost of the ending Work-in-Process Inventory is:

A)$2,600.
B)$1,600.
C)$600.
D)$1,000.