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Crane Company has several processing departments. Costs charged to the Assembly Department for November 2022 totaled $2,376,090 as follows. Work in process, November 1 Materials
Crane Company has several processing departments. Costs charged to the Assembly Department for November 2022 totaled $2,376,090 as follows. Work in process, November 1 Materials Conversion costs Materials added Labor Overhead $79,500 48,900 $128,400 1,754,830 225,300 267,560 Production records show that 35,200 units were in beginning work in process 30% complete as to conversion costs, 657.000 units were started into production, and 25,000 units were in ending work in process 40% complete as to conversion costs. Materials are entered at the beginning of each process. Crane Company uses the weighted-average method. Determine the assignment of costs to goods transferred out and in process. Costs accounted for: Transferred out Work in process, November 30 Materials SA Conversion costs Total costs
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