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Hawk Ltd. uses process costing in its Fabricating Department During December the records revealed the following: Beginning Work in Process(40% complete the process) 12,000 units
Hawk Ltd. uses process costing in its Fabricating Department During December the records revealed the following: Beginning Work in Process(40% complete the process) 12,000 units Units started. 87,000 POWROCIH BOHIDOLIBRI ULOGUE Good Units completed.... 89,000 POGO VOS Ending Work in Process(70% complete the process) 3,000 THE Spoiled Units. ........ 7,000 Beginning Work in Process - Direct Materials $ 36,800 Conversion Costs COR 28.600 Direct Materials added during the month ALL ISLLLSLLORE 280,000 Conversion costs added during the month. OPEL . 599,240 Direct materials are placed into production at the beginning of the process CONVCI STOTROS 20.000 Direct Materials added during the month. 280.000 Conversion costs added during the month. 599,240 Direct materials are placed into production at the beginning of the process. Normally, the spoiled units are 6% of the good units completed and are detected at the end of the process. Assume that Hawk Lid uses the Weighted Average method. REQUIRED: Determine the TOTAL COST of goods completed and transferred to finished goods Oa. $ 928,704 Ob. $ 921,600 c. $ 877,440. Od. $ 905,664
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