Question
The following information is available for Department C for the month of June: Units Cost Work in process, June 1 (70% complete) 10,000 Direct materials
The following information is available for Department C for the month of June:
| Units | Cost |
Work in process, June 1 (70% complete) | 10,000 |
|
Direct materials |
| $36,000 |
Direct labor |
| 18,000 |
Manufacturing overhead |
| 24,000 |
Total work in process, June 1 |
| $78,000 |
Started in production during June | 40,000 |
|
Costs added |
|
|
Direct materials |
| $108,000 |
Direct labor |
| 48,000 |
Manufacturing overhead |
| 57,600 |
Total costs added during June |
| $213,600 |
Work in process, June 30 (80% complete) | 4,000 |
|
|
|
|
Materials are added at the beginning of the process.
Calculate the cost of goods transferred out using the weighted average method.
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