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Lights Incorporated calculates cost for an equivalent unit of production using the weighted - average method. Data for July: Work - in - process inventory,
Lights Incorporated calculates cost for an equivalent unit of production using the weightedaverage method.
Data for July:
Workinprocess inventory, July units:
Direct materials completed $
Conversion completed
Balance in work in process inventory, July $
Units started during July
Units completed and transferred
Workinprocess inventory, July :
Direct materials completed
Conversion completed
Cost incurred during July:
Direct materials $
Conversion costs
The cost of goods completed and transferred out under the weightedaverage method is calculated to be: Round your intermediate calculations to decimal places and final answer to the nearest whole dollar amount.
Multiple Choice
$
$
$
$
$
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