Question: Use the information below to answer the following question ( s ) . Time Clock Shop manufactures clocks on an automated assembly line. It utilizes
Use the information below to answer the following questions
Time Clock Shop manufactures clocks on an automated assembly line. It utilizes two cost categories: direct materials and conversion costs. Each product must pass through the Assembly Department and the Testing Department. Direct materials are added at the beginning of production, while conversion costs are allocated evenly throughout production. The company uses weightedaverage costing.
Data for the Assembly Department are:
Work in process, beginning inventory
units
Direct materials complete
Conversion costs complete
Units started during June
units
Work in process, ending inventory
units
Direct materials complete
Conversion costs complete
Work in process, beginning inventory
Direct materials
$
Conversion costs
$
Direct materials costs added during June
$
Conversion costs added during June
$
The direct material cost per equivalent unit is $; The conversion cost per equivalent unit is $
What amount of conversion costs are assigned to ending workinprocess for June at Time Clock Shop?
$
$
$
$
$
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