Question: The Davidson Company uses a weighted average process costing system. The following information was reported for the Assembly Process for January. Materials are added at

 The Davidson Company uses a weighted average process costing system. The

The Davidson Company uses a weighted average process costing system. The following information was reported for the Assembly Process for January. Materials are added at the beginning of the process and are 100% % complete for conversions nits: ork in process, 1/1 60 15 started 105,00 ork in process, 1/31 40,00 209 Materials Conversiorn S 33,25 S332,50 egi inning work in process S 16,50 nt costs $643,50 What is the cost assigned to the units completed and transferred to the finishing department? $843,750 $777,500 $708,750 976,000 The Davidson Company uses a weighted average process costing system. The following information was reported for the Assembly Process for January. Materials are added at the beginning of the process and are 100% % complete for conversions nits: ork in process, 1/1 60 15 started 105,00 ork in process, 1/31 40,00 209 Materials Conversiorn S 33,25 S332,50 egi inning work in process S 16,50 nt costs $643,50 What is the cost assigned to the units completed and transferred to the finishing department? $843,750 $777,500 $708,750 976,000

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!