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Assume the following information Milling Department Unite Beginning work in process inventory 200 Percent Complete Materials Conversion 40% 309 Units started into production during March
Assume the following information Milling Department Unite Beginning work in process inventory 200 Percent Complete Materials Conversion 40% 309 Units started into production during March 6,200 Units completed during the period and transferred to the next department Ending work in process inventory 5,800 600 100% 70% 100% 60% Milling Department Cost of beginning work in process inventory Costs added during the period Total cost Conversion $ 15,000 385,000 $ 400,000 sing the weighted-average method, the total cost of the ending work in process inventory with respect to materials is closest to Materiale $ 10,000 290,000 $300,000 Multiple Choice $21,757 $20,757 HiLLing Department Deginning 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 Percent Complete Unite Materials Conversion 200 40% 30% 6,200 5,800 100% 600 70% 1006 60% Materials $10,000 Conversion $15,000 290,000 $300,000 385,000 Costs added during the period Total cost $400,000 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 $279,734 $278.334
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