Answer:
$156,960
Explanation:
the number of units is missing, so I looked for similar questions to fill in the blanks:
Beginning WIP 16,000 units
Started into production 100,000 units
Completed production 92,000 units
Ending WIp 24,000 units
Equivalent units:
materials = 92,000 + (24,000 x 0.9) = 113,600 EUP
conversion costs = 92,000 + (24,000 x 0.4) = 101,600 EUP
materials cost per EUP = ($54,560 + $468,000) / 113,600 = $4.60
conversion costs per EUP = ($35,560 + $574,040) / 101,600 = $6
Ending WIP:
materials = 21,600 x $4.60 = $99,360
conversion costs = 9,600 x $6 = $57,600
total costs = $156,960
