multiple choice question\njob #4260 consisted of 1,000 units at a total cost of $200,000. the cost…

multiple choice question\njob #4260 consisted of 1,000 units at a total cost of $200,000. the cost transferred to cost of goods sold for the sale of 600 of the units is \n$80,000\n$600,000\n$120,000\n$200,000

multiple choice question\njob #4260 consisted of 1,000 units at a total cost of $200,000. the cost transferred to cost of goods sold for the sale of 600 of the units is \n$80,000\n$600,000\n$120,000\n$200,000

Answer

Explanation:

Step1: Calculate unit cost

Unit cost = $\frac{Total\ cost}{Total\ units}=\frac{200000}{1000} = 200$

Step2: Calculate cost of goods sold

Cost of goods sold for 600 units = Unit cost $\times$ Number of units sold = $200\times600=120000$

Answer:

C. $120,000$