Materials costs of $1210000 and conversion costs of $1540000 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, 20000 units were started into production in September, and there were 5000 units in ending work in process that were 50% complete at the end of September What was the total amournt of manufacturing costs assigned to work in process ending inventory at the end of September? (For the intermediate calculations of unit material cost and unit conversion cost, round to four decimal points. O $605000. O $522500. $687500. $302500. eTextbook and Media
Materials costs of $1210000 and conversion costs of $1540000 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, 20000 units were started into production in September, and there were 5000 units in ending work in process that were 50% complete at the end of September What was the total amournt of manufacturing costs assigned to work in process ending inventory at the end of September? (For the intermediate calculations of unit material cost and unit conversion cost, round to four decimal points. O $605000. O $522500. $687500. $302500. eTextbook and Media
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter3: Process Cost Systems
Section: Chapter Questions
Problem 14E: Cost per equivalent unit The following information concerns production in the Forging Department for...
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