QUESTION 13 Outose Concept manufactures small tables in its Processing Department. Direct materials are added at the initiation of the production cycle and must be bundled in single kits for each unit. Conversion costs are incurred evenly throughout the production cycle. Before inspection, some units are spoiled due to nondetectible materials defects. Inspection occurs when units are 50% converted. Spoiled units generally constitute 4% of the good units. Data for December 2015 are as follows: 22,000 units WIP, beginning inventory 12/1/2015 Direct materials (100% complete) Conversion costs (75% complete) Started during December 76,000 units Completed and transferred out 12/31/2015 WIP, ending inventory 12/31/2015 Direct materials (100% complete) Conversion costs (65% complete) 72,000 units 18,000 units Costs for December: WIP, beginning Inventory: Direct materials Conversion costs Direct materials added Conversion costs added $ 150,000 76,800 222,400 274,000 What is the cost transferred to the Finished Goods Inventory using the weighted-average process-costing method? $573,200.00 $608,000.00 $578,304.00 $561,600.00 QUESTION 14 The Brital Company processes unprocessed milk to produce two products, Butter Cream and Condensed Milk. The following information was collected for the month of June: Direct Materials processed: 31,500 gallons Production: Sales: Butter Cream Condensed Milk Butter Cream Condensed Milk Butter Cream Condensed Milk Butter Cream 14,000 gallons 17,500 gallons 13,500 gallons 17,000 gallons $5.0 per gallon $7.0 per gallon $17,000 Sales: Separable costs in total: Condensed Milk $35,500 The costs of purchasing the of unprocessed milk and processing it up to the splitoff point to yield a total of 31,500 gallons of saleable product was $120,750. The company uses constant gross-margin percentage NRV method to allocate the joint costs of production. What is the allocated joint costs of Butter Cream? $17,000 $46,000 $74,750 $35,500