Question
Claire company produces aluminum. The following information is available Units Material Costs Conversion Costs Beginning Inventory 1,500 $2,250 $2,700 Started During the Current Period 10,000
Claire company produces aluminum. The following information is available
Units Material Costs Conversion Costs
Beginning Inventory 1,500 $2,250 $2,700
Started During the Current
Period 10,000 16,000 39,100
Ending Inventory 1,250
All materials are added at the beginning of the production process. The beginning inventory was 40%
Find as to conversion, while the ending inventory was 30% completed for conversion purposes.
Weighty uses the weighted-average costing method.
Required:
What is the total cost assigned to the units completed and transferred this period?
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