Question
Shiffon Electronics manufactures music player. Its costing system uses two cost categories, direct materials and conversion costs. Each product must pass through the Assembly Department,
Shiffon Electronics manufactures music player. Its costing system uses two cost categories, direct materials and conversion costs. Each product must pass through the Assembly Department, the Programming department, and the Testing Department. Direct materials are added at the beginning of the production process. Conversion costs are allocated evenly throughout production. Shiffon Electronics uses weightedminusaverage costing. The following information is available for the month of March 2017 for the Assembly department. Work in process, beginning inventory 370370 units Conversion costs (4040% complete) Units started during March 850850 units Work in process, ending inventory: 100100 units Conversion costs (6565% complete) The cost details for the month of March are as follows: Work in process, beginning inventory: Direct materials $ 350 comma 000$350,000 Conversion costs $ 367 comma 000$367,000 Direct materials costs added during March $ 700 comma 000$700,000 Conversion costs added during March $ 1 comma 123 comma 000$1,123,000 What amount of direct materials costs is assigned to the ending WorkminusinminusProcess account for March? (Round intermediary calculations to the nearest whole dollar.)
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