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please explain how to get the answer Using the weighted average method, how much conversion cost is assigned to units transferred out? Correct! 306,800 Correct

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please explain how to get the answer

Using the weighted average method, how much conversion cost is assigned to units transferred out? Correct! 306,800 Correct Answer 306,800 margin of error +/-0.1 Question 4 0/12.5 pts Four Seasons Company makes snow blowers. 100% of the materials are added at the beginning of the process. This means that beginning and ending inventories are 100% complete with respect to DM. The conversion costs are uniformly incurred. The physical units in beginning inventory are 60% complete with respect to conversion costs and the ending inventory is 50% complete with respect to conversion costs. Other data for the month include: Beginning WIP inventory 190 units Units transferred out 260 units Units in ending inv. 160 units Beginning work-in-process costs: Materials $106,000 Conversion $147,000 The DM cost/eu was determined to be $930. The CC cost/eu was determined to be $970. Using FIFO, how much conversion cost is assigned to units transferred out? You Answered 126,100 Correct Answer 288,620 margin of error +/0.1

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