Question
M Company uses the weighted average method of process costing. Its Process #1 had no beginning inventory and completed and transferred to finished goods 920
M Company uses the weighted average method of process costing. Its Process #1 had no beginning inventory and completed and transferred to finished goods 920 units during March. Ending inventory for March was 80 units that were 30 percent complete as to conversion costs and 100 percent complete as to direct materials costs. Costs for Process #1 during March were $3,776 for conversion costs and $2,500 for direct materials costs. The cost of work transferred out to finished goods would be _____.
Group of answer choices
A) $6,180
B) $5,980
C) $6,118
D) $5,774
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