Practice problem Don't Cry Over Spilled Milk, Inc., a manufacturer of mops, uses the weighted average method in

its processing costing system. Don't Cry uses a normal costing system in the application of its

manufacturing overhead $(MOH)$ to production; MOH costs are applied to production on the basis of

machine hours logged during the period. Total budgeted MOH for the period was $$425,000$ and total

budgeted machine hours were $100,000.$ The following data concern the operations of the company's first

processing department, Assembly, for June $2024.$

a$.$ Determine the cost of goods completed and transferred out of the Assembly department during

June.

b$.$ If Don't Cry fails to close MOH, will the company's reported Gross Profit be understated or

overstated?

c$.$ What value would be reported on the Balance Sheet for Work in Process$-$Assembly at month end

$($June $2024)?$

d$.$ What would be the direct materials cost included in Work in Process$-$Assembly at the beginning

of July?