8:25 PM $355,600 $507,300 $354,000 Item31 Time Remaining 2 hours 48 minutes 59 seconds 02:48:59 Item31 Item 31 Time Remaining 2 hours 48 minutes 59 seconds 02:48:59 Mundes Corporation uses the weighted-average method in its process costing system. The beginning work in process inventory in its Painting Department consisted of 3,600 units that were 60% complete with respect to materials and 40% complete with respect to conversion costs. The cost of the beginning work in process inventory in the department was recorded as $10,400. During the period, 9,600 units were completed and transferred on to the next department. The costs per equivalent unit for the period were $5.60 for material and S6.60 for conversion costs. The cost of units transferred out during the month was: Multiple Choice $63,360 .$66,400 $117,120 $84,000 Item32 Time Remaining 2 hours 48 minutes 48 seconds 02:48:48 Item32 Item 32 Time Remaining 2 hours 48 minutes 48 seconds 02:48:48 In July, one of the processing departments at Okamura Corporation had beginning work in process inventory of S32,000 and ending work in process inventory of $37,000. During the month, the cost of units transferred out from the department was $167,000. In the department's cost reconciliation report for July, the total cost to be accounted for under the weighted-average method would be: Multiple Choice .$69,000 $138,000 .$151,000 $204,000 Walbin Corporation uses the weighted-average method in its process costing system. The beginning work in process inventory in a particular department consisted of 19,000 units, 100% complete with respect to materials cost and 30% complete with respect to conversion costs. The total cost in the beginning work in process inventory was $25,600. A total of 55,000 units were transferred out of the department during the month. The costs per equivalent unit were computed to be $1.80 for materials and S3.50 for conversion costs. The total cost of the units completed and transferred out of the department was: Multiple Choice .$291,500 .$314,500 .$233,750 .$280,300 Item30 Time Remaining 2 hours 49 minutes 14 seconds 02:49:14 Item30 Item 30 Time Remaining 2 hours 49 minutes 14 seconds 02:49:14 Vallin Manufacturing Corporation's beginning work in process inventory consisted of 9,700 units, 100% complete with respect to materials cost and 60% complete with respect to conversion costs. The total cost in the beginning inventory was S53,000. During the month, 57,000 units were transferred out. The equivalent unit cost was computed to be S4.20 for materials and S4.70 for conversion costs under the weighted-average method Given this information, the total cost of the units completed and transferred out was: Multiple Choice $426,000 $355,600 .$507,300 .$354,000 Item31 Time Remaining 2 hours 48 minutes 59 seconds 02:48:59 Item31 Item 31 Time Remaining 2 hours 48 minutes 59 seconds
