Question: Super Glue Co.uses process costing under the weighted average method to account for its total costs. During the month, 2.100 units of a product were
Super Glue Co.uses process costing under the weighted average method to account for its total costs. During the month, 2.100 units of a product were completed and transferred to finished goods. 1,200 units were two-thirds complete of the process and remained in ending inventory, All material is added at the beginning of the process. After completing equivalent unit cost calculations, the company determined material cost was $3.52 and the conversion cost was $6.80 per unit REQUIRED: What is the TOTAL cost of the goods transferred to finished goods? a $ 30,160 b. $ 21,672 c. $ 12,384 d. $ 14,280
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
