Assume the following information:

Milling DepartmentMaterialsConversionTotalCost of beginning work in process inventory$10,000$15,000$25,000Costs added during the period291,600385,000676,600Total cost$301,600$400,000$701,600

Assume the equivalent units of production for materials and conversion are 5,200 units and 5,000 units, respectively, using the weighted-average method. If 4,690 units were completed and transferred to the next department, then what is the total cost assigned to the units completed and transferred out of the Milling Department?

Garrison 17e Rechecks 2020-06-25

Multiple Choice

• $641,220
• $643,220
• $652,220
• $647,220