Question: CameronCompany uses the weighted-average method in its process costing system. The Packaging Department started the month with 210units in process that were 70%complete, received 1,490units

CameronCompany uses the weighted-average method in its process costing system. The Packaging Department started the month with 210units in process that were 70%complete, received 1,490units from the Finishing Department, and had 190units in process at the end of the period. All materials are added at the beginning of the process, and conversion costs are incurred uniformly. The units in process at the end of the month are 50%complete with respect to conversion costs. The department incurred the following costs:

Beginning WIP Added this month Total
Transferred In $450 $12,700 $13,150
Direct Materials 500 3,000 3,500
Conversion Costs 550 5,860 6,410
Total $1,500 $21,560

$23,060

How many units were completed and transferred out?

A.1,300 unitsB.1,490 unitsC.190 unitsD1,510 units

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

\f