Q - 1

The manufacturing data for the Assembly Department for April are as follows: April 1, balance, 3,000 units, 80% completed $12,000 Materials added during April, 10,000 units 29,000 Conversion costs during April 35,000 Goods finished during April, 11,500 units April 30, work in process, 1,500 units, 60% completed All direct materials are placed in process during production, and the weighted average method is used to cost inventories. The cost allocated to the units transferred out (with interim computations rounded to nearest cent) is?

a. $70,495 b. $68,310 c. $67,275 d. $54,625

Q - 2

Department F had 4,000 units in work in process that were 40% completed at the beginning of the period at a cost of $12,500. During the period, direct materials were added at a cost of $28,700, and 15,000 units of product were completed. Direct labor was $32,450, and factory overhead was $18,710. At the end of the period, 3,000 units that were 75% completed remained in work in process inventory. Assume that both direct materials and conversion costs are added evenly throughout the process. If process costing with the weighted average method is used, the cost assigned to the units transferred out (with interim computations rounded to the nearest cent) would be

a. $83,400 b. $80,250 c. $92,288 d. $76,950