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Mukluk Company uses the Weighted Average method in its process costing system. The conversion cost for the month of April is $5.00 per equivalent unit
Mukluk Company uses the Weighted Average method in its process costing system. The conversion cost for the month of April is $5.00 per equivalent unit and the material cost is $2.90 per equivalent unit. At the beginning of the month, 1,000 units were in the beginning inventory and 12.000 units were started into production. If 10,000 units were completed and transferred during the month the total cost of goods transferred out will be (Round to whole dollars) O$86,900 $71.100 $79,000 O $50,000
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