Question: Required information Exercise 8 - 4 5 , 8 - 4 6 , 8 - 4 7 & 8 - 4 8 ( Algo )
Required information
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Bellevue Chemicals had beginning workinprocess inventory of $ on March Of this amount, $ was the cost of direct materials and $ was the cost of conversion. The units in the beginning inventory were percent complete with respect to direct materials and percent complete with respect to conversion costs.
During March, units were transferred out and remained in ending inventory. The units in ending inventory were percent complete with respect to direct materials and percent complete with respect to conversion costs. Costs incurred during March amounted to $ for direct materials and $ for conversion.
Exercise Algo Assign Costs to Goods Transferred Out and Ending Inventory: WeightedAverage Method LO
Compute the costs of goods transferred out and the ending inventory for March using the weightedaverage method.
Note: Do not round intermediate calculations. Round your final answers to the nearest whole dollar.
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