Question: The following data for Direct Materials (DM) and Conversion (CONV) for the past month for a single department of a manufacturer are shown: DM Conversion

 The following data for Direct Materials (DM) and Conversion (CONV) for

The following data for Direct Materials (DM) and Conversion (CONV) for the past month for a single department of a manufacturer are shown: DM Conversion Costs in opening WIP: $627,200 $1,092,000 Costs incurred this month: $940,800 $1,638,000 51,568, 000 $2,730,000 Total equivalent units: 56000 42000 Units completed this month: 28000 Required: Calculate the cost of the goods completed and transferred out this period, NOTE: Do NOT enter dollar signs (5) or commas. Example: If you wish to enter $1,500 just enter 150 Answer\

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