Answer
$110,400
Work Step by Step
Using the formula we have: Cost of materials transferred to finished goods = The amount of units completed and transferred * The cost per equivalent unit for materials= 34,500 * 3.2 = $110,400
Managerial Accounting (15th Edition)
by Garrison, Ray; Noreen, Eric, Brewer, Peter
Published by
McGraw-Hill Education
ISBN 10:
007802563X
ISBN 13:
978-0-07802-563-1
Chapter 4 - Process Costing - The Foundational 15 - Required - Page 162: 12
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