Question
The costing system uses two cost categories, direct materials and conversion costs. Each item must pass through the Assembly Department and the Testing Department. Direct
The costing system uses two cost categories, direct materials and conversion costs. Each item must pass through the Assembly Department and the Testing Department. Direct materials are added at the beginning of the production process. Conversion costs are allocated evenly throughout production. They use weighted - average costing.
Data for the Assembly Department for June 2020 are:
Work in process, beginning inventory 370 units
Direct materials (100% complete)
Conversion costs (45% complete)
Units started in June 1010 units
Work in process, ending inventory: 240 units
Direct materials (100% complete)
Conversion costs (75% complete)
Costs for June 2020:
Work in process, beginning inventory:
Direct materials $91,000
Conversion costs $138,500
Direct materials costs added during June $603,500
Conversion costs added during June $402,500
What is the total amount debited to the Work - in - Process account during the month of June?
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