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: 7

Answer

$188,500

Work Step by Step

Total cost = 12,000 (cost of beginning work in process inventory) + 176,500 (cost added during the period) = $188,500

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