Respuesta :
Answer:
The value of materials transferred out is $224,000
Explanation:
The condition for the units for transferred is that they must have been completed 100% with respect to equivalent unit cost,hence the materials transferred out should be valued at full $8.00 per direct material.
The value of materials transferred out=28,000*$8.00
=$224,000
The value of WIP=$8.00*85%*14,400
=$97,920
The closing WIP of $97920 would be the beginning inventory in production next period an would ultimately form part of materials completed and transferred next period.
