13View Policies-/1Cutrent Attempt in ProgressMaterials costs of $1330000 and conversion costs of $1539000 were charged to aprocessing department in the month of September. Materials are added at thebeginning of the process, while conversion costs are incurred uniformly throughoutthe process. There were no units in beginning work in process, 19000 units werestarted into production in September, and there were 4000 units in ending work inprocess that were 30% complete at the end of September.What was the total amount of manufacturing costs assigned to those units thatwere completed and transferred out of the process in September?O $2673000.O$2265000.o$3135000.o $2475000.

Question
Asked Oct 4, 2019
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13
View Policies
-/1
Cutrent Attempt in Progress
Materials costs of $1330000 and conversion costs of $1539000 were charged to a
processing department in the month of September. Materials are added at the
beginning of the process, while conversion costs are incurred uniformly throughout
the process. There were no units in beginning work in process, 19000 units were
started into production in September, and there were 4000 units in ending work in
process that were 30% complete at the end of September.
What was the total amount of manufacturing costs assigned to those units that
were completed and transferred out of the process in September?
O $2673000.
O$2265000.
o$3135000.
o $2475000.
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13 View Policies -/1 Cutrent Attempt in Progress Materials costs of $1330000 and conversion costs of $1539000 were charged to a processing department in the month of September. Materials are added at the beginning of the process, while conversion costs are incurred uniformly throughout the process. There were no units in beginning work in process, 19000 units were started into production in September, and there were 4000 units in ending work in process that were 30% complete at the end of September. What was the total amount of manufacturing costs assigned to those units that were completed and transferred out of the process in September? O $2673000. O$2265000. o$3135000. o $2475000.

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Expert Answer

Step 1

Material cost per unit is ascertained by dividing the total material cost by the total no. of units.

Material cost per unit = Total material cost
Total no.of units
$1,330,000
19000
- $90
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Material cost per unit = Total material cost Total no.of units $1,330,000 19000 - $90

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Step 2

Conversion cost per unit can be ascertained by dividing the total conversion cost with the number of units transferred and remaining in WIP in the month of September

Total conversion cost
Conversion cost per unit ;
Number of units transferred and in ending WIP
$1,539,000
16,200
$95
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Total conversion cost Conversion cost per unit ; Number of units transferred and in ending WIP $1,539,000 16,200 $95

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Step 3

Total cost incurred is the sum of total m...

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