cost for units transferred out 458919
*Please SHOW ME HOW to solve this
Sumter Company uses the weighted-average method in its process costing system. The following data pertain to operations in the first processing department for a recent month
Work in process, beginning:
Units in process…6,000
Percent complete with respect to materials…60%
Percent complete with respect to conversion…20%
Costs in the beginning inventory:
Materials cost…$78,200
Conversion cost…$3,600
Units started during the month…?
Units completed and transferred out during the month…70,000
Costs added to production during the month:
Materials cost…$286,600
Conversion cost…$216,000
Work in process, ending:
Units in process…8,000
Percent complete with respect materials…75%
Percent complete with respect to conversion…25%
Don't use plagiarized sources. Get Your Custom Essay on
cost for units transferred out 458919
For $10/Page 0nly
How much cost, in total, was assigned to the units transferred out to the next department during the month?
Calculator
Our features
We've got everything to become your favourite writing service
Money back guarantee
Your money is safe. Even if we fail to satisfy your expectations, you can always request a refund and get your money back.
Confidentiality
We don’t share your private information with anyone. What happens on our website stays on our website.
Our service is legit
We provide you with a sample paper on the topic you need, and this kind of academic assistance is perfectly legitimate.
Get a plagiarism-free paper
We check every paper with our plagiarism-detection software, so you get a unique paper written for your particular purposes.
We can help with urgent tasks
Need a paper tomorrow? We can write it even while you’re sleeping. Place an order now and get your paper in 8 hours.
Pay a fair price
Our prices depend on urgency. If you want a cheap essay, place your order in advance. Our prices start from $11 per page.