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Milling Department Units Materials Conversion Beginning work in process inventory 200 40 % 30 % Units started into production during March 6,200 Units completed during
Milling Department | Units | Materials | Conversion | ||||||||||
Beginning work in process inventory | 200 | 40 | % | 30 | % | ||||||||
Units started into production during March | 6,200 | ||||||||||||
Units completed during the period and transferred to the next department | 5,800 | 100 | % | 100 | % | ||||||||
Ending work in process inventory | 600 | 70 | % | 60 | % | ||||||||
Milling Department | Materials | Conversion | ||||||
Cost of beginning work in process inventory | $ | 10,000 | $ | 15,000 | ||||
Costs added during the period | 290,000 | 385,000 | ||||||
Total cost | $ | 300,000 | $ | 400,000 | ||||
Using the weighted average method the total cost of the units completed and transferred out that would be reported on the cost reconciliation is closet to
$658486
654286
656386
659786
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