Question: Using the weighted average method , what is the total cost of units transferred out during August ? a. $566,460. b. $648,768. c. $512,400. d.
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Henry Incorporated manufactures a high volume of identical flashlights called the Illumin-8. The company reported the following for the month of August: Physical Units Beginning work in process, August 118,000 Started during the August 100,000 Ending work in process, August 3124,000 Materials are added at the beginning of the process. The beginning inventory was 60% complete with respect to conversion, and ending inventory was 90% complete with respect to conversion. The company reports the following costs: Cost in beginning work in process, August 1 Materials $39,060 Direct labor $17,300 Applied overhead $25,948 Cost incurred during August Materials $168,300 Direct labor $179,172 Applied overhead $218,988 Henry Incorporated manufactures a high volume of identical flashlights called the Illumin-8. The company reported the following for the month of August: Physical Units Beginning work in process, August 118,000 Started during the August 100,000 Ending work in process, August 3124,000 Materials are added at the beginning of the process. The beginning inventory was 60% complete with respect to conversion, and ending inventory was 90% complete with respect to conversion. The company reports the following costs: Cost in beginning work in process, August 1 Materials $39,060 Direct labor $17,300 Applied overhead $25,948 Cost incurred during August Materials $168,300 Direct labor $179,172 Applied overhead $218,988
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