Solution-Discuss direct materials were transferred from

Discuss direct materials were transferred from department a

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Reference no: EM131749493

Stevens Company's inventory on March 1 and the costs charged to Work in Process-Department B during March are as follows:

Beginning work in process, 12,000 units, 60% completed	$ 62,400
From Department A, 55,000 units started this period
Direct materials added	115,500
Direct labor incurred	384,916
Factory overhead incurred	138,000

During March, all direct materials were transferred from Department A, the units in process at March 1 were completed, and of the 55,000 units entering the department, all were completed except 6,000 units which were 70% completed. Inventories are costed by the first-in, first-out method.

Reference no: EM131749493

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Discuss direct materials were transferred from department a

Reference no: EM131749493

Reference no: EM131749493

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