Answer:
The total cost of the units completed and transferred out of the department was a.$259,700
Explanation:
The Concept of Equivalent units measures the units in terms of completion percentage in their inputs
<em>Calculation of Equivalent Units in Goods Finished and Transferred out of the department:</em>
<em>It is important to note that physical units finished and transfered were 53,000 units</em>
<em>Therefore equivalent units were</em>
Materials 100%× 53,000 = 53,000
Conversion Cost 100%× 53,000 = 53,000
<em>Calculation of total cost of the units completed and transferred out of the department</em>
Materials =53,000×$1.60 =$84,800
Conversion Cost = 53,000 ×$ 3.30 = $174,900
Total = $259,700
