A firm uses a process-costing system and inspects its goods at the end of manufacturing. The inspection as of June 30 revealed the following information for the month of June:
Good units completed 16,000
Normal spoilage (units) 300
Abnormal spoilage (units) 100
Unit costs were: materials, $3.50 and conversion costs, $6.00.
The number of units that the firm would transfer to its finished goods inventory and the related cost of these units are:
Number of Units