Nando Company uses the weighted average method in its process costing system Department J is the second of three sequential processes at the company During October, Department J collected the following data Units Labor and Overhead Percentage Complete Work in process, October 1 18,800 60 Units started 58,900 Completed and transferred 47,000 Work in process, October 31 30,700 20 Costs for October Transferred In Materials Labor and Overhead Work in process, October 1 $78,000 $16,500 $73,200 Added during the month $62,100 $84,900 $196,300 All materials are added at the beginning of the process Note Your answers may differ from those offered below due to rounding error In all cases, select the answer that is the closest to the answer you computed To reduce rounding error, carry out all computations to at least two decimal places The total cost assigned to units transferred out during October was $474,160 $328,018 $400,960 $384,460

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Question: Nando Company uses the weighted-average method in its process costing system. Department J is the second of three sequential processes at the company. During October,

Nando Company uses the weighted-average method in its process costing system. Department J is the second of three sequential processes at the company. During October, Department J collected the following data:

	Units	Labor and Overhead Percentage Complete
Work in process, October 1	18,800	60%
Units started	58,900
Completed and transferred	47,000
Work in process, October 31	30,700	20%

Costs for October	Transferred In	Materials	Labor and Overhead
Work in process, October 1	$78,000	$16,500	$73,200
Added during the month	$62,100	$84,900	$196,300

All materials are added at the beginning of the process.

Note: Your answers may differ from those offered below due to rounding error. In all cases, select the answer that is the closest to the answer you computed. To reduce rounding error, carry out all computations to at least two decimal places.

The total cost assigned to units transferred out during October was:

	$474,160
	$328,018
	$400,960
	$384,460

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