Betty DeRose, Inc. operates two departments, the handling department and the packaging department. During April,...
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Accounting
Betty DeRose, Inc. operates two departments, the handling department and the packaging department. During April, the handling department reported the following information:
% complete % complete units DM conversion work in process, April 1 46,000 55% 39% units completed during April 68,000 work in process, April 30 23,000 60% 75%
The cost of beginning work in process and the costs added during April were as follows:
DM Conversion Total cost work in process, April 1 $ 66,710 $172,266 $238,976 costs incurred during April 276,850 262,509 539,359 total costs 343,560 434,775 778,335
Calculate the cost of goods completed and transferred out during April using the weighted average process costing method. Do not use decimals in your answer.
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