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I have the correct answer but do not know how to work the problem, Average Weight Cost 37) The managerial accountant at Pembroke Manufacturing reported
I have the correct answer but do not know how to work the problem, Average Weight Cost
37) The managerial accountant at Pembroke Manufacturing reported the following data Materials are added uniformly throughout the process and conversion costs are added uniformly at a different rate Units: Beginning WIP 75% for materials 45% for conversion Transferred-in Completed 54,5003 225,000 232,000 nding WIP 60% for materials 20% for conversion 47500 414200 Costs Beginning WIF Direct materials Conversion Transferred-in $67,500 145,400 99,000 Transferred-in from department 1 $1.550,05 Direct materials added Conversion added 909,37 542,87 Costs of units transferred to Finished Goods Inventory would be closest to A) $2.900,000. B) $3,002,300. C) $1,531.200. D) $3,314,200Step by Step Solution
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