Question
Talamoto Co. manufactures a single product that goes through two processes mixing and cooking. The following data pertains to the Mixing Department for September. Work-in-process
Talamoto Co. manufactures a single product that goes through two processes mixing and cooking. The following data pertains to the Mixing Department for September.
Work-in-process Inventory Sept. 1 32,000units
Conversion complete 70%
Work-in-process inventory Sept. 30 23,000units
Conversion complete 50%
Units started into production in Sept. 103,000
Units completed and transferred out ? units
Costs
Work-in-process inventory Sept.1
Material P $171,000
Material Q 157,000
Conversion 171,000
Costs added in September
Material P $257,000
Material Q 236,000
Conversion 506,900
Material P is added at the beginning of work in the Mixing Department. Material Q is also added in the Mixing Department, but not until units of product are forty percent completed with regard to conversion. Conversion costs are incurred uniformly during the process. The cost of goods completed and transferred out under the weighted-average method is calculated to be: (Do not round your intermediate calculations.)
Multiple Choice:
A $1,498,900
B $1,295,200
C $1,194,302
D $1,270,302 E $1,225,302
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