Materials costs of $202000 and conversion costs of $269710 were charged to a processing department in...
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Materials costs of $202000 and conversion costs of $269710 were charged to a processing department in the month of September. Materials are added at the beginning of the process; conversion costs are incurred uniformly throughout the process. There were no units in beginning Work in Process, 101000 units were started into production in September, and there were 8500 units in ending Work in Process that were 45% complete at the end of September. What was the total amount of manufacturing costs assigned to those units that were completed and transferred out of the process in September if the weighted-average method is used? O $92500 O $444000 O $370710 O $96325 Materials costs of $202000 and conversion costs of $269710 were charged to a processing department in the month of September. Materials are added at the beginning of the process; conversion costs are incurred uniformly throughout the process. There were no units in beginning Work in Process, 101000 units were started into production in September, and there were 8500 units in ending Work in Process that were 45% complete at the end of September. What was the total amount of manufacturing costs assigned to those units that were completed and transferred out of the process in September if the weighted-average method is used? O $92500 O $444000 O $370710 O $96325
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Equivalent units of production EUP Units Material EUP Material Conversion Conversi... View the full answer
Related Book For
Fundamentals of Cost Accounting
ISBN: 978-0077398194
3rd Edition
Authors: William Lanen, Shannon Anderson, Michael Maher
Posted Date:
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