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Question 35 The Mount Eagle Watch Company manufactures watches. During the month of September, its process accounting data provides the following information: Unit Information
Question 35 The Mount Eagle Watch Company manufactures watches. During the month of September, its process accounting data provides the following information: Unit Information Completed/transferred out (from Work-In-Process to Finished Goods): 735,000 units. Ending Work-in-Process: 207,000 units. Direct materials are added at the beginning of the process and are 100% complete. Conversion costs are added evenly throughout the process and is 90% complete. Cost Information Direct Materials Beginning Work-in-Process $ 244,920 Incurred in September 1,639,080 Conversion costs $ 69,098 1,312,852 Compute the Direct Materials costs and the Conversion costs assigned to units completed and transferred out. Add them together. What is the dollar amount of Total Costs Transferred Out? Report in whole dollars. 3 pts
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