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Please show all work for answer . 20) Harry Company manufactures generic notebooks. Material is introduced at the beginning of the 20) process in the
Please show all work for answer . 20) Harry Company manufactures generic notebooks. Material is introduced at the beginning of the 20) process in the Printing Department. Conversion costs are applied uniformly throughout the process. The weighted-average method of product costing is used. Data for the Printing Department for the month of June follow: Work-in-processinventory, June 1: Units Direct materials(100% complete) Conversion costs(30% complete) 15,000 $35,000 $8,400 Units started in June Units completed in June Work-in-process inventory, June 30 65,000 62,000 18,000 Direct materials added in June Conversion costs added in June $285,000 $210,000 With regard to the work-in-process inventory on June 30, materials are 100 percent complete and conversion costs are 60 percent complete. The total cost of goods transferred out of the Printing Department is A) $420,825 B) $543,000 C) $495,000 D) $434,000
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