Question
Zintendo, Corp. is a video game disc manufacturer who uses process costing (weighted average method) to account for its production costs each period. Zintendo uses
Zintendo, Corp. is a video game disc manufacturer who uses process costing (weighted average method) to account for its production costs each period. Zintendo uses two departments in the production of its product Molding and Packaging. The following is information obtained for the Molding department for the month of February:
Units Molding Department: | ||||
| Beginning WIP inventory | Units started during period: | Units completed and transferred out: | Ending WIP inventory |
Physical units: | 91,325 | 683,780 | 675,465 | 99,640 |
Equivalent Units of Production (EUP) with respect to: | ||||
DM |
|
| 675,465 | 94,660 |
Conversion Costs |
|
| 675,465 | 74,730 |
Costs per Equivalent Unit of Production Molding Department: | ||
| Direct Materials | Conversion Costs |
Costs per EUP: | $5.40 | $9.60 |
Assign costs to the units remaining in the Molding Departments ending WIP inventory as of February 28th.
Group of answer choices
$1,228,572
$1,626,144
$1,240,518
$1,494,600
$1,419,900
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