Problem
Department G had 3,141 units, one-third completed at the beginning of the period, 12,321 units were completed during the period, 1,709 units were one-fifth completed at the end of the period, and the following manufacturing costs were debited to the departmental work in process account during the period:
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Work in process, beginning of period
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$27,330
|
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Costs added during period:
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|
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Direct materials
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$123,417
|
|
Direct labor
|
$82,278
|
|
Factory overhead
|
$27,426
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Assuming that all direct materials are placed in process at the beginning of production and that the first-in, first-out method of inventory costing is used, what is the total cost of the units "started and completed" during the period?