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Materials costs of $1170000 and conversion costs of $1530000 were charged to a processing department in the month of September. Materials are added at
Materials costs of $1170000 and conversion costs of $1530000 were charged to a processing department in the month of September. Materials are added at the beginning of the process, while conversion costs are incurred uniformly throughout the process. There were no units in beginning work in process, 20000 units were started into production in September, and there were 5000 units in ending work in process that were 40% complete at the end of September. What was the total amount of manufacturing costs assigned to the 5000 units in the ending work in process? (For the intermediate calculations of unit material cost and unit conversion cost, round to four decimal points.) $292500. $702000. $472500. $675000.
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