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Timekeeper Inc. manufactures clocks on a highly automated assembly line. Its costing system uses two cost categories, direct materials and conversion costs. Each product must

Timekeeper Inc. manufactures clocks on a highly automated assembly line. Its costing system uses two cost categories, direct materials and conversion costs. Each product 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. Timekeeper Inc. uses weighted-average costing.

Data for the Assembly Department for June 2015 are:

Work in process, beginning inventory

340 units Direct materials (100% complete) Conversion costs (50% complete)

Units started during June

950 units Work in process, ending inventory: 200 units

Direct materials (100% complete) Conversion costs (75% complete)

Costs for June 2015: Work in process, beginning inventory:

Direct materials $94,000 Conversion costs $135,500 Direct materials costs added during June $602,500 Conversion costs added during June $402,000

What amount of direct materials costs is assigned to the ending work in process account for June

?

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