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View Policies Current Attempt in Progress The Assembly Department uses a process cost accounting system and the weighted average cost flow assumption. The department
View Policies Current Attempt in Progress The Assembly Department uses a process cost accounting system and the weighted average cost flow assumption. The department adds materials at the beginning of the process and incurs conversion costs uniformly throughout the process. During July. $171.000 of materials costs and $109,170 in conversion costs were charged to the department. The beginning work in process inventory was $65,700 on July 1, comprised of $54,000 of materials costs and $11,700 of conversion costs Other data for the month of July are as follows: Beginning work in process inventory, 7/1 22,500 units (40% complete as to conversion costs) Units completed and transferred out 63,000 units Ending work in-process inventory, 7/31 27,000 units (30% complete as to conversion costs) Answer the following questions. (a) How many physical units have to be accounted for in July? Physical units units eTextbook and Media Save for Later Attempts: 0 of 3 used Submit Answer (b) The parts of this question must be completed in order. This part will be available when you complete the part above (c) The parts of this question must be completed in order. This part will be available when you complete the part above (d) The parts of this question must be completed in order. This part will be available when you complete the part above
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