Question: Please show the formula and steps on the side. Thanks!! 4. Sandisk Corporation produces a product for which all direct materials are added at the

4. Sandisk Corporation produces a product for which all direct materials are added at the beginning of the production process. The following is a review of Sandisk's cost and inventory records for the recent year: Units Materials Conversion WIP Jan 1" (80% complete with respect to Conversion costs) 125,000 $145,000 $182,500 Units started into production 600,000 Cost added during the year: Materials $580,000 Conversion $1,043,000 Units Completed during the year 525,000 In its process costing system, Sandisk is using the weighted-average cost method, Ending inventory for the year is 60% complete with respect to conversion costs. What amount of cost was transferred to finish goods inventory? OVO A. $1,290,000 molto B. $1,522,500 C. $1,350,000 D. $997,500 E. None of the above 5. Naturally Good uses the weighted average method to account for units and costs. The company manufactures organic peanut butter that goes through different processing departments. The Work in Process account for the Mixing Department for July is provided bellow: Inventory, July 1 Direct Materials Conversion Inventory, July 31 Work in Process- Mixing Dpt. $36,000 $104,000 Transferred out to Packing Dpt. ??? $106,000 Other data provided by the company: WIP, July 1, 3,000 units, $16,000 DM (90% completion), $20,000 Conversion (65% completion) Units started during the month: 10,500 WIP, July 31s5,000 units, DM 70% completion, Conversion 40% completion Die 002 12.12 5A. What is the cost per equivalent units (per DM and Conversion respectively)? vode A. DM $10; Conversion $12 B. DM $11; Conversion $9 DM $14; Conversion $15 D. DM $12; Conversion $10 E. None of the above 5B. What is the cost of the units completed and transferred during the month of July? A. $212,000 B. $187,000 C. $156,000 D. $199,000 E. None of the above
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