Question: Popov Co . uses the weighted average process costing method. Direct materials are added at the beginning of the production process, and conversion costs are
Popov Co uses the weighted average process costing method. Direct materials are added at the beginning of the production process, and conversion costs are incurred uniformly over the production process. Units are inspected when they are complete with respect to conversion.
The company began September with units in WIP that were complete with respect to conversion, valued at $ for materials and $ for conversion. units were added into WIP in September. Popov Co ended September with units in WIP complete with respect to conversion and completed good units.
The following costs were incurred during September: $ for direct materials and $ for conversion.
Popov Co considers normal spoilage to be of good units that pass inspection.
What is the cost allocated to the Finished Goods Inventory for September, after adjusting for the costs of spoilage?
Enter your answer without a dollar sign or commas, and round your ANSWER to the nearest dollar if necessary Do not round any calculations other than your final answer.
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