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1 Assume the following information: Milling Department Saved Beginning work in process inventory Units started into production during March Units completed during the period and
1 Assume the following information: Milling Department Saved Beginning work in process inventory Units started into production during March Units completed during the period and transferred to the next department Ending work in process inventory Milling Department Cost of beginning work in process inventory Costs added during the period Total cost Materials $ 10,000 287,000 Conversion $ 15,000 385,000 $ 297,000 $ 400,000 Help Save & Exit Percent Complete Units Materials Conversion 200 48% 30% 6,200 5,800 100% 600 78% 180% 60% Using the weighted-average method, the total cost of the units completed during the period and transferred out to the next department with respect to materials is closest to: Multiple Choice www Next
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