Question: The table below contains data from the BIG ROLL paper towel company for the Milling Department for the month of June. The company uses
The table below contains data from the BIG ROLL paper towel company for the Milling Department for the month of June. The company uses the weighted averaged method for its process order costing system. Milling Department Beginning WIP cost Addtional Costs during the period Total Materials Conversion Total $ 10,000 $ 15,000 $25,000 291,600 676,600 $301,600 $701,600 385,000 $400,000 Assume the equivalent units of production for materials and conversion are 5,200 units and 5,000 units, respectively, using the weighted-average method. If 4,760 units were completed and transferred to the next department, then what is the total cost of the ending work in process inventory in the Milling Department?
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